232 Stuyvesant Ave, Lyndhurst, New Jersey, United States

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Home For Sale

$989,000

232 Stuyvesant Ave
Lyndhurst, New Jersey, United States

7bd 5ba

Listed By: Realtyww Info

Listed On: 05/13/2023

Listing ID: GL10546301 View More Details

Description

Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91, 524 and Yearly Expenses: $23, 026. Bones have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O and any inspections needed for closing.

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Listed by: Lattimer Realty