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232 Stuyvesant Ave

Lyndhurst Twp., NJ 07071
  • $995,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 3889733
UPDATED: 113 min ago
$995,000
  • 7
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
  • 3,545
    SQFT
  • $281
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

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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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 Kay Platinum Real Estate Group | EXP Realty. 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 Kay Platinum Real Estate Group | EXP Realty 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 2024-05-26T18:46:38.853.
www.kayplatinumgroup.com/homes/148390726
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232 Stuyvesant Ave Lyndhurst Twp., NJ 07071

  • Price: $995,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 113 min ago
  • MLS #: 3889733
7
Beds
3
Baths
2
½ Baths
0.1
Acres
3,545
SQFT
$281
$/SQFT
1920
Built
County:
Bergen
Area:
Lyndhurst Twp.
Property 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.
Exterior Features

Approximate Lot Size 25X172 Color Of Building BEIGE Exterior Description Vinyl Siding Number Of Parking Spaces 6 Parking Driveway Description 2 Car WidthDriveway-ExclusiveGravelOff-Street ParkingOn-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Wall A/C Unit(s) Heating 1 UnitRadiators - Hot Water Total Number Of Rooms 20 Unit1 Appliances Equipment Range/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 1930 Unit1 Sq Ft 900 Unit2 Appliances Equipment Range/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 900 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 800 Unit4 Baths 1.0 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description See Remarks Unit4 Rooms 3

Property Features

Assessment Total 882700 Building Assessment 647600 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 91524 Land Assessment 235100 Net Operating Income 68498 Sewer Public Sewer Tax Amount 17936 Tax Rate Amount 2.032 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 23026 Unit Style 2-Two StorySee Remarks Unit1 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 1930 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 2083 Unit2 Security Deposit 2083 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 1608 Unit3 Security Deposit 1608 Unit4 Handicap Modified No Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of LATTIMER REALTY: 973-575-1200.


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 Kay Platinum Real Estate Group | EXP Realty. 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 Kay Platinum Real Estate Group | EXP Realty 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 2024-05-26T18:46:38.853.
 
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