MULTIPLE OFFERS RECEIVED, PLEASE SUBMIT, BEST, AND FINAL BY FRIDAY, JULY 18, 6 pm. Opportunity is knocking ..... Passive Income Special !!! This 4-unit dwelling is situated on a 1.14-acre lot in the tax-friendly municipality of Hainesport. This 4-plex consists of (1)3-bedroom unit, (1)2-bedroom unit, and (2) 1-bedroom units (one… Read More of which is a studio). Additionally, the property features a 3-bay detached garage, which can be leased separately, providing an additional steady stream of income. With some updating and remodeling, this 4-unit multi-family property lends itself to a very positive ROI. Property being conveyed inAS IS condition. The seller will be responsible for obtaining the certificate of occupancy. All units are occupied with the present leases in different stages of their lease term (below the comparable market rate). NO SEPTIC SYSTEM- PUBLIC WATER and SEWER! The tenant is responsible for their utilities ( gas /electric) and tenant's insurance. The owner is responsible for water/sewer and maintenance of the grounds. Additionally, there is ample parking and a full basement. The home backs up to the treed property line, offering a spacious rear yard. Property is located right off of Route 38 and is most convenient to shopping, and eateries, and just minutes to Route 295. Opportunities like this don't present themselves often. DO THE MATH !!Set up all showings through the listing agent. . Read Less
Courtesy of Joe McColgan, Coldwell Banker Realty. [email protected].
Listing Snapshot
Days Online
26
Last Updated
Property Type
Single Family Residential
Square Ft.
3,996
Year Built
1910
MLS Number
NJBL2089394
30 Days Snapshot Of 08036
$533k
+23%
(avg) sold price
5
-28%
homes sold
13
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Outside Entrance
Building
3,996 sqft living area, Built in 1910, Structure Type: Detached, 4 units in building, Colonial, Frame
Cooling
Electric, Window Unit(s)
Accessibility Features
Level Entry - Main, 32+ wide Doors
Exterior Features
Exterior Lighting
Heating
Natural Gas, Radiator
Income
Apartment Rentals
Lot
Rear Yard
Property
Other Structures: Above Grade, Below Grade, 2 one-bedroom units, 1 three-bedroom unit, 1 two-bedroom unit
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