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1001 Watchung Avenue

Plainfield City, NJ 07060
  • $549,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 3777881
UPDATED: 27 min ago
$549,000
  • 6
    BEDS
  • 0.21
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1891
County:

School Ratings & Info

Description

Great investment opportunity with positive cash flow. All three apartments rented. Private large yard. Private parking lot. Walk out basement. Flood zone. One hot water heater (recently replaced). Owner pays gas for hot water heater to the property. Tenants pay gas for cooking and heat. Three boilers (replaced in 2015) with separate gas meters.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-22T17:46:22.177.
www.baerhomes.com/homes/128087374
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1001 Watchung Avenue Plainfield City, NJ 07060

  • Price: $549,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 27 min ago
  • MLS #: 3777881
6
Beds
3
Baths
1
½ Baths
0.21
Acres
1891
Built
County:
Union
Area:
Plainfield City
Property Description
Great investment opportunity with positive cash flow. All three apartments rented. Private large yard. Private parking lot. Walk out basement. Flood zone. One hot water heater (recently replaced). Owner pays gas for hot water heater to the property. Tenants pay gas for cooking and heat. Three boilers (replaced in 2015) with separate gas meters.
Exterior Features

Approximate Lot Size 70X130 Exterior Description Stucco Exterior Features Partially FencedSidewalk Lot Description Corner Number Of Parking Spaces 3 Parking Driveway Description BlacktopOff-Street ParkingParking Lot-Exclusive Roof Description Flat

Interior Features

Basement Yes Basement Description FullUnfinishedWalkout Cooling Window A/C(S) Heating 3 UnitsBaseboard - Hotwater Interior Features Carbon Monoxide DetectorFire Alarm SysFire ExtinguisherHigh CeilingsSmoke Detector Total Number Of Rooms 17 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.5 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLaundry RoomLiving/Dining RoomMaster Bedroom Unit1 Rooms 7 Unit1 Security Deposit 2175 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 5 Unit3 Sq Ft 9999

Property Features

Assessment Total 107600 Building Assessment 61500 Easement Unknown Expenses Include Garbage Collection Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 48600 Land Assessment 46100 Net Operating Income 9999 Sewer Public Sewer Tax Amount 8996 Tax Rate Amount 8.385 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 9999 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1450 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1350 Unit2 Security Deposit 2025 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1250 Unit3 Security Deposit 1875 Utilities ElectricGas-Natural Water Public Water Water Heater GasSee Remarks Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-22T17:46:22.177.
 
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Corcoran Baer & McIntosh
97 South Broadway
South Nyack NY, 10960