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232 Stuyvesant Ave , Lyndhurst Twp., NJ 07071-1731

$995,000

Detail

  • Property ID: 3889385
  • Price: $995,000
  • Garage: 10
  • Year Built: 1920
  • Property Type: Commercial Sale/Lease
  • Property Status: Commercial

Description

Unique income producing investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Building is mostly leased and 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.

Address

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  • Address: 232 Stuyvesant Ave
  • City: Lyndhurst Twp.
  • State/county: BERGEN / NJ
  • Zip/Postal Code: 07071-1731
  • Country: United States

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Listing information last updated on 2024-11-14 11:00 AM.