232 Stuyvesant Ave new

Lyndhurst Twp.,NJ 07071

$ 1100000

7 Beds

4 Baths

3545 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,545 sqft

Price per Sqft $310

MLS Listing ID 3942476

Style 2-Two Story, See Remarks

Bedrooms 7

Full Baths 3

Half Baths 2

Year Built 1920

Annual Tax Amount $19,418

Tax Year 2024

Lot Size 4,356 Sqft

Property Description

Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O.

Location

State NJ

County Bergen

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, See Remarks

Others

Senior Community No

View More
Favorite Go Tour