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$ 699,999
Est. payment | /mo
5 Beds
3 Baths
6,098 Sqft Lot
$ 699,999
Est. payment | /mo
5 Beds
3 Baths
6,098 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 3950376
Style 3-Three Story
Bedrooms 5
Full Baths 3
Year Built 1906
Annual Tax Amount $10,128
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
TURNKEY 3-FAMILY INVESTMENT OPPORTUNITY WITH 6+ CAR PARKING! Maximize your returns with this high-income-producing three-family property in Bloomfield, offering low-maintenance all-electric utilities and rare 6+ car parking for added value. Units 1 and 2 are spacious duplexes, each featuring a living room, eat-in kitchen, 2 bedrooms, 1 full bath, and in-unit washer/dryer hookups for tenant convenience. The third-floor unit includes a combined living and dining area, kitchen, 1 bedroom, a bonus room, and 1 full bath, creating additional rental potential. The partially finished basement serves as an extra income stream with a laundry area featuring 2 coin-operated washers and dryers, an additional full bath, and ample storage space. With all-electric utilities, this property ensures lower maintenance costs and simplified management, making it a hassle-free investment. Outside, tenants can enjoy a pergola and a spacious backyard, while the extensive parking enhances the property's appeal. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this is an opportunity you don't want to miss!
Location
State NJ
County Essex
Rooms
Basement Finished-Partially
Interior
Heating Electric
Cooling Wall A/C Unit(s), Window A/C(s)
Heat Source Electric
Exterior
Exterior Feature Brick, Stone
Parking Features None
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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111 Howard Blvd. Suite 202, Arlington, Jersey, 07856, United States