51 St Marys Pl
Nutley, NJ 07110

Explore this lucrative investment opportunity in Nutley, NJ! This 4-family property boasts four fully rented units, each featuring 1 bedroom and 1 full bathroom, providing consistent rental income. The landlord covers water expenses, with two water meters for accurate billing. A shared electric meter for common spaces ensures simplicity in utility management. Additionally, a shared washer/dryer in the basement adds convenience for all residents. Parking is stress-free with two spaces in the driveway, and the landlord also covers two spaces down the road. The basement, while housing the washer and dryer, has potential for finishing, although with lower ceilings. Recent updates include a new roof installed in 2023, enhancing the property's durability and value. The heating system comprises steam heat and some units are equipped with wall A/C units. This is the perfect investment opportunity!