$995,000
232 Stuyvesant Ave Lyndhurst Twp., NJ 07071
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$995,000
Est. payment /mo
4,356 Sqft Lot
UPDATED:
09/26/2024 04:58 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3912229
Year Built 1920
Annual Tax Amount $13,881
Tax Year 2022
Lot Size 4,356 Sqft
Property Description
Unique income producing investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Building is mostly leased and 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: $91,548 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.
Location
State NJ
County Bergen
Zoning B
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s), Window A/C(s)
Flooring Tile, Vinyl-Linoleum, Wood
Equipment Appliances
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, Vinyl Siding
Utilities Available Gas-Natural
Roof Type See Remarks
Building
Lot Description Level Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by LATTIMER REALTY