Skip To Content

57 Park Ave

Summit City, NJ 07901
  • $1,249,000
  • STATUS: Active Under Contract
  • ON SITE: 8 Days
  • MLS #: 3901533
Under Contract
UPDATED: 157 min ago
$1,249,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 99,999
    SQFT
  • $12
    $/SQFT
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

Great Investment Opportunity! This remarkable 5-unit building boasts a host of recent upgrades, making it an ideal addition to any investor's portfolio. With meticulous attention to maintenance and improvements, this property promises both durability and comfort for tenants. Roof, water service, and chimney line replaced in 2007, ensuring structural integrity and peace of mind for years to come. Siding updated in 2018, lending a contemporary appeal and minimizing exterior maintenance. A newly paved drive in 2019 enhances accessibility and curb appeal. Enjoy spacious interiors with 9ft ceilings, offering a sense of openness and airiness. Three units feature brand new kitchens and bathrooms, providing modern conveniences and style to tenants. Take advantage of the inviting patio space, perfect for relaxation or outdoor gatherings, with both front and back entrances for convenience. This property represents not only a sound investment but also a testament to quality and attention to detail. Don't miss out on this fantastic opportunity to own a well-maintained and attractive multi-unit property. Schedule you viewing today! Turnkey Investment Opportunity! rented, meticulously maintained property offers hassle-free ownership with month-to-month leases. Enjoy great condition throughout, with separate utilities and central heating. Fully occupied and with a green card available, this property is ready for seamless ownership and immediate returns.

Monthly Payment Calculator



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 2024-05-22T18:47:06.417.
www.kayplatinumgroup.com/homes/150470785
Print Image

57 Park Ave Summit City, NJ 07901

  • Price: $1,249,000
  • Status: Active Under Contract
  • On Site: 8 Days
  • Updated: 157 min ago
  • MLS #: 3901533
0
Beds
0
Baths
0
½ Baths
N/A
Acres
99,999
SQFT
$12
$/SQFT
1910
Built
County:
Union
Area:
Summit City
Property Description
Great Investment Opportunity! This remarkable 5-unit building boasts a host of recent upgrades, making it an ideal addition to any investor's portfolio. With meticulous attention to maintenance and improvements, this property promises both durability and comfort for tenants. Roof, water service, and chimney line replaced in 2007, ensuring structural integrity and peace of mind for years to come. Siding updated in 2018, lending a contemporary appeal and minimizing exterior maintenance. A newly paved drive in 2019 enhances accessibility and curb appeal. Enjoy spacious interiors with 9ft ceilings, offering a sense of openness and airiness. Three units feature brand new kitchens and bathrooms, providing modern conveniences and style to tenants. Take advantage of the inviting patio space, perfect for relaxation or outdoor gatherings, with both front and back entrances for convenience. This property represents not only a sound investment but also a testament to quality and attention to detail. Don't miss out on this fantastic opportunity to own a well-maintained and attractive multi-unit property. Schedule you viewing today! Turnkey Investment Opportunity! rented, meticulously maintained property offers hassle-free ownership with month-to-month leases. Enjoy great condition throughout, with separate utilities and central heating. Fully occupied and with a green card available, this property is ready for seamless ownership and immediate returns.
Exterior Features

Approximate Lot Size 41X87 Construction Brick/Block Exterior Description Vinyl Siding Location Residential Area Lot Description Level Lot Number Of Bays 9999 Number Of Docks 5 Parking Driveway Description 1 Car Width Roof Description Flat

Interior Features

Basement Yes Basement Description FinishedFullStorageWalkout Cooling 4+ UnitsNo Cool Equipment Available AppliancesSmoke Detector Floors Wood Heating 4+ UnitsBaseboard - Hotwater Max Ceiling Height 999999 Max Door Height 0 Number Of Lavatories 99999 Office Sq Ft 99999

Property Features

Expenses Include InsuranceSnow RemovalTaxesWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Lease Includes SewerTaxesTrash RemovalWater Net Operating Income 9438 Owner Pays Maintenance-LawnSewerTrash RemovalWater Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 57 Tax Amount 12303 Tax Rate Amount 4.360 Tax Rate Year 2020 Tax Year 2020 Tenant Pays Cable T.V.ElectricGasHeat Total Operating Expense 22693 Utilities Gas In Street Utilities Paid By Tenant Water Public Water Year Built Description ApproximateRenovated Zoning Residential

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Bhgre Elite: 908-316-8530.


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 2024-05-22T18:47:06.417.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3901533-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3901533-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3901533-2.jpg
Logo
Kay Platinum Real Estate Group | EXP Realty
966 Shoppes Blvd
North Brunswick Township NJ, 08902