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51 St Marys Pl

Nutley, NJ 07110
  • $875,000
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 230019821
$875,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Explore this lucrative investment opportunity in Nutley, NJ! This 4-family property boasts four fully rented units, each featuring 1 bedroom and 1 full bathroom, providing consistent rental income. The landlord covers water expenses, with two water meters for accurate billing. A shared electric meter for common spaces ensures simplicity in utility management. Additionally, a shared washer/dryer in the basement adds convenience for all residents. Parking is stress-free with two spaces in the driveway, and the landlord also covers two spaces down the road. The basement, while housing the washer and dryer, has potential for finishing, although with lower ceilings. Recent updates include a new roof installed in 2023, enhancing the property's durability and value. The heating system comprises steam heat and some units are equipped with wall A/C units. This is the perfect investment opportunity!

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© 2024 Hudson County Multiple Listing Service. 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. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-04-04T00:26:54.687.
www.baerhomes.com/homes/145526311
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51 St Marys Pl Nutley, NJ 07110

  • Price: $875,000
  • Status: Active
  • On Site: 140 Days
  • MLS #: 230019821
4
Beds
4
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Nutley
County:
Essex
Area:
Nutley
Property Description
Explore this lucrative investment opportunity in Nutley, NJ! This 4-family property boasts four fully rented units, each featuring 1 bedroom and 1 full bathroom, providing consistent rental income. The landlord covers water expenses, with two water meters for accurate billing. A shared electric meter for common spaces ensures simplicity in utility management. Additionally, a shared washer/dryer in the basement adds convenience for all residents. Parking is stress-free with two spaces in the driveway, and the landlord also covers two spaces down the road. The basement, while housing the washer and dryer, has potential for finishing, although with lower ceilings. Recent updates include a new roof installed in 2023, enhancing the property's durability and value. The heating system comprises steam heat and some units are equipped with wall A/C units. This is the perfect investment opportunity!
Exterior Features

Exterior Finish Aluminum/VinylStuccoOther-See Remarks Parking 2 CarsGarageOther-See Remarks Style Other-See Remarks

Interior Features

Basement Unfinished Floor1 Rooms 3 Floor2 Rooms 3 Floor3 Rooms 3 Floor4 Rooms 3 Heating Cooling A/C WallGasSteam Level1 Baths 1 Level1 Bedrooms 1 Level2 Baths 1 Level2 Bedrooms 1 Level3 Baths 1 Level3 Bedrooms 1 Level4 Baths 1 Level4 Bedrooms 1 Total Other Rooms 0

Property Features

Floor1 Rent 1050 Floor2 Rent 1660 Floor3 Rent 1700 Floor4 Rent 1600 Insurance Expense 2950 Internet Yes Lead Paint Form Yes Multifamily Type 4 Family Taxes 17793 Water Sewer Expense 840

Listing provided courtesy of KELLER WILLIAMS PARK VIEWS:201-939-0050.


© 2024 Hudson County Multiple Listing Service. 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. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-04-04T00:26:54.687.
 
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