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LATTIMER REALTY
973-575-1200
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: $91,524 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.
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Electric, Gas-Natural
Heating: 1 Unit, Radiators - Hot Water
Cooling: Wall A/C Unit(s)
Year Built: 1920
Construction: Vinyl Siding
Roof: Flat
Lot Dimensions: 25X172
Lot Size (Acres): 0.10
Possession: IMMED
Tax ID: 1132-00066-0000-00020-0000-
Tax Year: 2023
Parcel Number: 1132-00066-0000-00020-0000-
Taxes : 17,936
Open Parking Space: 6
Parking Features: 2 Car Width, Driveway-Exclusive, Gravel, Off-Street Parking, On-Street Parking
Electric, Gas-Natural
Water Source : Public Water
Water Heater : Gas
SEWER : Public Sewer
Direction: Stuyvesant between Court & Tontine
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
109 Stuyvesant Ave #2D, Lyndhurst, NJ,07071 | $299,000 | 2 | 1.5 | -- | -- |
ByOwner last updated this listing 05/06/2024 @ 19:29
MLS: 3889733
LISTED BY: , LATTIMER REALTY
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.