• 115 22nd St #3 Irvington, New Jersey 07111

  • $610,000
  • 9
    Bed(s)
  • 3
    Baths
  • 0
    Sq Ft
  • 0.06
    Acre

Welcome to an exceptional investment opportunity in Irvington, NJ, just a brisk 35-minute drive from vibrant New York City. This property, a cash-flowing 3-family gem, is tailored to meet the needs of both potential homeowners and discerning investors.Each unit within this meticulously maintained property offers generous living space, boasting a king-size bedroom along with two additional queen-size bedrooms. The kitchens are tastefully appointed with cherry hardwood cabinets and gleaming stainless steel appliances, creating an inviting atmosphere for culinary delights and shared meals.This property generates monthly cash flow, a testament to its income-generating potential. Furthermore, there is an opportunity to increase rental income by $800 to $1,000 per unit by renting at fair market value. This presents a lucrative prospect for investors seeking to maximize their returns.For prospective homeowners, this property presents an attractive opportunity to offset mortgage payments with rental income, thereby making homeownership more attainable and sustainable. Additionally, the potential for increased rental income offers homeowners the chance to build equity and enhance their financial well-being over time.For investors, this property represents a solid cash-flowing asset with the promise of long-term appreciation. With a robust rental market and its proximity to New York City.

Property Type :

Multi Family

County :

Essex

Style :

Multi Family

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Property Details

 

Utilities

All Underground

Heating & Cooling

Heating: 3 Units

Cooling: Wall A/C Unit(s)

Building Information

Year Built: 1910

Construction: Vinyl Siding

Roof: Asphalt Shingle

Lot Information

Lot Dimensions: 25 X 100

Lot Size (Acres): 0.06

Listing Information

Possession: 30 - 60 days

Tax Information

Tax ID: 1609-00141-0000-00021-0000-

Tax Year: 2023

Parcel Number: 1609-00141-0000-00021-0000-

Taxes : 10,318

Parking Information

Parking Features: On-Street Parking

Utility Information

All Underground

Water Source : Public Water

Water Heater : Gas

SEWER : Public Sewer

Location Information

Direction: South on 22nd St In Irvington

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
219 Vermont Ave, Irvington, NJ,07111 $299,000 3 1 -- 0.09 Acre
89 Washington Ave, Irvington, NJ,07111 $269,995 3 2 -- 0.06 Acre
245 W 19th Ave, Irvington, NJ,07111 $375,000 3 1.5 -- --
20 Harrison Pl, Irvington, NJ,07111 $299,000 2 1.5 -- 0.17 Acre
14 Bell, Irvington, NJ,07111 $320,000 3 2 -- 0.12 Acre
66 Ellis Ave, Irvington, NJ,07111 $580,000 9 3 -- 0.04 Acre
193 Munn Ave, Irvington, NJ,07111 $649,500 8 4 -- 0.09 Acre
143 S Durand Pl, Irvington, NJ,07111 $299,900 3 2 -- 0.08 Acre
130 Lenox Ave, Irvington, NJ,07111 $399,000 5 2.5 2,706 0.06 Acre
607 20th St #3, Irvington, NJ,07111 $575,000 7 3 -- 0.06 Acre

ByOwner last updated this listing 06/03/2024 @ 09:42

MLS: 3900761
LISTED BY: , KELLER WILLIAMS VILLAGE SQUARE
SOURCE: Garden State MLS - New Jersey
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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