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2-Two Story, See Remarks, Multi-Family - Irvington Twp., NJ
Income-ready two-family with metal siding, private parking, and a bonus porch, tucked on a quiet one-way street just five minutes from the Garden State Parkway. The oversized first-floor unit offers two generous bedrooms, soaring ceilings, hardwood floors, and an enclosed front porch that doubles as an office or bonus room, plus direct access to a walk-out, partially finished basement ideal for a future rec room or workshop. Upstairs, the roomy second unit delivers a comfortable two-bedroom, one-bath layout with separate gas and electric so tenants handle their own utilities. Outside you'll find a fully fenced yard and a private driveway that fits three cars. Taxes are a modest $7,148, and after a cosmetic refresh each apartment is projected to rent for a projected 6 %+ cap rate. It needs a bit of love, live in one unit to build sweat equity or renovate both for maximum return. Sold stri...
Income-ready two-family with metal siding, private parking, and a bonus porch, tucked on a quiet one-way street just five minutes from the Garden State Parkway. The oversized first-floor unit offers two generous bedrooms, soaring ceilings, hardwood floors, and an enclosed front porch that doubles as an office or bonus room, plus direct access to a walk-out, partially finished basement ideal for a future rec room or workshop. Upstairs, the roomy second unit delivers a comfortable two-bedroom, one-bath layout with separate gas and electric so tenants handle their own utilities. Outside you'll find a fully fenced yard and a private driveway that fits three cars. Taxes are a modest $7,148, and after a cosmetic refresh each apartment is projected to rent for a projected 6 %+ cap rate. It needs a bit of love, live in one unit to build sweat equity or renovate both for maximum return. Sold strictly as-is (buyer responsible for C/O). Tenant Leases are MTM. Property qualifies for 30 year fixed rate at 5.75 % / 5.85 % APR with 5% down and NO PMI loan. Seller willing to offer a SUBSTANTIAL CREDIT for repairs.
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