232 Stuyvesant Ave
Lyndhurst, NJ 07071
7 beds | #3926264
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 and any inspections needed for closing.
Interior Details
- Heating1 Unit, Radiators - Hot Water
- Heating SourceGas-Natural
Beds & Baths
- Bedrooms7
Property Details
- Exterior MaterialsVinyl Siding
Parking
- Parking Features2 Car Width, Driveway-Exclusive, Gravel, Off-Street Parking, On-Street Parking
- Parking TypeDriveway
Construction Details
- Basement DescriptionFull, Unfinished
- Property TypeMulti-Family
- BasementYes
Condition
- Year Built1920
Material information
- RoofFlat
Utilities / Energy Details
- Utility FeaturesElectric, Gas-Natural
- Sewer InformationPublic Sewer
- WaterPublic Water
- Water HeaterGas
Other
- MLS #3926264
Location
Legal
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Last Updated: . Source: GSMLS
Listing Courtesy
Listing Agent: FRANK LAMORTE (#269728), Phone: (973) 575-1200
Listing Office: LATTIMER REALTY (#0618)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.