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55 Western Pkwy , #3

Irvington Twp., NJ 07111
  • $429,995
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • MLS #: 3813778
Under Contract
UPDATED: 103 min ago
$429,995
  • 7
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

Large Legal 3 Family in Irvington located in prime location! Whether you're an Investor looking for a positive cash flowing property or an Owner-occupant buyer looking for an opportunity to own a home in one of New Jersey's hottest NJ markets! This Legal three family income producing property with huge units offers all separate utilities, spacious rooms and a finished basement with 2 rooms and a full bath! Unit One is 3 bedrooms/1 bath. Unit Two is 3 bedrooms/ 1 bath, and Unit three is 1 bedrooms, 1 bath. Unit two is currently vacant - ideal for a buyer-investor looking for rental income to offset the mortgage costs. Rent roll unit 1 $900 Unit 2 Vacant and unit 3 $550 both units are on month to month leases and rented to long term tenants. Current market rents are $1800-2000 for unit 1 & 2 and $1000-1200 for unit 3 total gross rent $4200-$5200. Tenants are responsible for their own gas and electric utilities - landlord only pays for water. This incredible property is centrally located close to I-280, GSP & NJTPK, schools, shopping centers, houses of worship, trains & buses - fantastic location for commuting to NYC and the bus stop is located in front of the house! The seller will only accept offers from direct end buyers (no wholesalers) and will only provide help with the closing costs for strong offers that are made over the list price.

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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 The Karen W. Peters Group | Coldwell Banker. 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 The Karen W. Peters Group | Coldwell Banker 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 2022-12-03T23:46:33.817.
www.karenpetersgroup.com/homes/134125597
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55 Western Pkwy , #3 Irvington Twp., NJ 07111

  • Price: $429,995
  • Status: Active Under Contract
  • On Site: 44 Days
  • Updated: 103 min ago
  • MLS #: 3813778
7
Beds
4
Baths
0
½ Baths
0.09
Acres
1930
Built
County:
Essex
Area:
Irvington Twp.
Property Description
Large Legal 3 Family in Irvington located in prime location! Whether you're an Investor looking for a positive cash flowing property or an Owner-occupant buyer looking for an opportunity to own a home in one of New Jersey's hottest NJ markets! This Legal three family income producing property with huge units offers all separate utilities, spacious rooms and a finished basement with 2 rooms and a full bath! Unit One is 3 bedrooms/1 bath. Unit Two is 3 bedrooms/ 1 bath, and Unit three is 1 bedrooms, 1 bath. Unit two is currently vacant - ideal for a buyer-investor looking for rental income to offset the mortgage costs. Rent roll unit 1 $900 Unit 2 Vacant and unit 3 $550 both units are on month to month leases and rented to long term tenants. Current market rents are $1800-2000 for unit 1 & 2 and $1000-1200 for unit 3 total gross rent $4200-$5200. Tenants are responsible for their own gas and electric utilities - landlord only pays for water. This incredible property is centrally located close to I-280, GSP & NJTPK, schools, shopping centers, houses of worship, trains & buses - fantastic location for commuting to NYC and the bus stop is located in front of the house! The seller will only accept offers from direct end buyers (no wholesalers) and will only provide help with the closing costs for strong offers that are made over the list price.
Exterior Features

Approximate Lot Size 40 X 100 Color Of Building Brown Exterior Description Aluminum Siding Exterior Features Metal Fence Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 4 Parking Driveway Description 1 Car WidthBlacktopDriveway-Exclusive Roof Description Composition Shingle

Interior Features

Basement Yes Basement Description Finished Cooling None Heating 2 UnitsRadiators - Steam Interior Features Carbon Monoxide DetectorCarpetingFire ExtinguisherSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 13 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description DenDining RoomEat-In KitchenLiving RoomMaster BedroomPantry Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description Dining RoomEat-In KitchenLiving RoomMaster Bedroom Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description AtticEat-In KitchenLiving RoomMaster Bedroom Unit3 Rooms 3 Unit3 Sq Ft 0

Property Features

Assessment Total 181600 Building Assessment 167200 Easement No Exclusions Tenants Possession Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 9999 Home Warranty No Land Assessment 14400 Net Operating Income 9999 Sewer Public Sewer Tax Amount 10857 Tax Rate Amount 5.979 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 900 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 550 Unit3 Security Deposit 0 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Approximate Zoning R3

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 908-664-1500.


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 The Karen W. Peters Group | Coldwell Banker. 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 The Karen W. Peters Group | Coldwell Banker 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 2022-12-03T23:46:33.817.
 
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The Karen W. Peters Group | Coldwell Banker
1410 Valley Road
Wayne NJ, 07470