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58 Stockman Pl

Irvington Twp., NJ 07111
  • $825,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 3905494
UPDATED: 64 min ago
$825,000
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,290
    SQFT
  • $192
    $/SQFT
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

Description

Welcome to this recently renovated 2024 4-family property nestled in a highly desirable commuter-friendly area! Perfectly situated for convenience, this property offers an enticing opportunity for the savvy investor seeking a lucrative addition to their portfolio.Each unit within this charming property has been RECENTLY RENOVATED, ensuring a comfortable living experience for tenants and peace of mind for the next owner asking for top market rents. Current rent covers the mortgage! Offering the opportunity of a starting Cash flow instantly $1,000= 12K passive per year with per month total income potential to grow as rents increase. Boasting a stable rental history, all tenants are currently paying on market rents and on month-to-month leases, providing flexibility and potential for increased returns.This property also qualifies for NACA, Homebuyer downpayment/ closing cost grants, and offers flexible financing options. Seller very motivated for the right buyer.

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Garden State MLS logo © 2024 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 2024-07-14T15:46:10.037.
www.baerhomes.com/homes/151281514
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58 Stockman Pl Irvington Twp., NJ 07111

  • Price: $825,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 64 min ago
  • MLS #: 3905494
8
Beds
4
Baths
0
½ Baths
N/A
Acres
4,290
SQFT
$192
$/SQFT
1927
Built
County:
Essex
Area:
Irvington Twp.
Property Description
Welcome to this recently renovated 2024 4-family property nestled in a highly desirable commuter-friendly area! Perfectly situated for convenience, this property offers an enticing opportunity for the savvy investor seeking a lucrative addition to their portfolio.Each unit within this charming property has been RECENTLY RENOVATED, ensuring a comfortable living experience for tenants and peace of mind for the next owner asking for top market rents. Current rent covers the mortgage! Offering the opportunity of a starting Cash flow instantly $1,000= 12K passive per year with per month total income potential to grow as rents increase. Boasting a stable rental history, all tenants are currently paying on market rents and on month-to-month leases, providing flexibility and potential for increased returns.This property also qualifies for NACA, Homebuyer downpayment/ closing cost grants, and offers flexible financing options. Seller very motivated for the right buyer.
Exterior Features

Approximate Lot Size 3698 Exterior Description See Remarks Number Of Parking Spaces 4 Parking Driveway Description Off-Street ParkingSee Remarks Roof Description See Remarks

Interior Features

Basement Yes Basement Description FullWalkout Cooling See Remarks Heating See Remarks Total Number Of Rooms 12 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 3 Unit1 Security Deposit 1168 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description See Remarks Unit2 Rooms 3 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description See Remarks Unit3 Rooms 3 Unit3 Sq Ft 0 Unit4 Appliances Equipment See Remarks Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description See Remarks Unit4 Rooms 3 Unit4 Sq Ft 0

Property Features

Assessment Total 233800 Building Assessment 217600 Easement No Expenses Include See Remarks Fha Age Restricted No Fuel Type See Remarks Gross Operating Income 0 Land Assessment 16200 Net Operating Income 0 Renovated Year 2023 Sewer See Remarks Tax Amount 13937 Tax Rate Amount 6.200 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style Fourplex Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1168 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1766 Unit2 Security Deposit 1766 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1766 Unit3 Security Deposit 1766 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1800 Unit4 Security Deposit 1800 Utilities See Remarks Water See Remarks Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of WEICHERT REALTORS: 347-819-1834.


Garden State MLS logo © 2024 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 2024-07-14T15:46:10.037.
 
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