Deborah Summer - Coldwell Banker Hearthside
684 Grove St #0
Irvington Twp., NJ 07111

$1,010,000

Description

BACK ON THE MARKET! Fully occupied walkup offers all 2-BD unit mix. Property benefits from full rehabilitation completed in Year 2017. All utilities are separately metered; HVAC system in each unit. Pre-existing In-suite laundry facility and rear balcony space for each unit represent property amenities. Flat roof replacement part of primary capital improvements. Investment property opportunity ideal for 1) Performance Investors seeking immediate cashflow for long-term hold; Going-In Cap Rate @ 9.54% with Cash-on-Cash @ 15.89% and 2) Buy/Hold Principals w/ portfolio expansion requirements.

Details

MLS#3463957
StyleIndustrial
Sub-TypeResale
StatusActive
Year1940
Days On Site203

Features

SQ Feet9,999
Story(s)3
Units9
ZoningB-1

Additional Information

Annual Tax Amount28846
Assesed Tax Valuation508300
Tax ID5.675
Tax Rate2017

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Area Information

StateNJ
CountyEssex
CityIrvington Twp.
Zip Code07111
AreaEssex
Listing VS Median (in 07111)
Price:
$1,010,000
low | high
Med:
$189,475
100% of Average
SqFt:
9,999
low | high
Med:
0
100% of Average
$ / SqFt:
$101
low | high
Med:
$0
100% of Average
On Site:
203
low | high
Med:
138
100% of Average
Listing Updated: 11/11/2018
MLS Number: 3463957
Listing Provided By:
WASHINGTON PAUL E.  of  COLDWELL BANKER REALTORS