Description
526 S Fairview Street,
Riverside,
NJ
08075
10+% cap rate! Rare & lucrative opportunity! Turn key 3 unit fully rented Triplex with large driveway & oversized 1 car garage! Current property combined rent is $3150 per month! $1525 + $900 + $725 = $3150.00. Almost unlimited possibilities for future occupancy options. Continue to rent all 3 units, live in one unit & rent the remaining 2, multi generational family living under one roof. The choice is yours how to utilize this versatile, flexible, profitable property! Unit C 1st floor $1525 per month 3 bed/1 bath with large living room, generous kitchen, dining room area, rear deck & use of spacious backyard & basement! Unit A 2nd & 3rd floor $900 per month. 1 bed/1 bath with modern kitchen with granite countertops & tile backsplash, stainless steel appliances, cozy living room & very large finished attic that could easily be used as a home office, abundant storage space, private front porch! Unit B $725 per month 1st floor efficiency 1 bed/1 bath with living main living area, kitchen & front porch! Multiple Roofs Replaced in 2018! Oversized driveway with parking for 5 cars! Oversized 1 car garage can be rented separately for additional $150.00 income or tenants monthly rent can be increased for garage storage to increase already lucrative monthly income! This turnkey 3 unit fully rented Triplex with 5+ car driveway & oversized 1 car garage is a rare & lucrative opportunity with profitability and occupancy options deserves a reservation at the top of your must see list!
Listing By: RE/MAX Properties - Newtown via Data Source: Bright MLS
Multi Family
Property type
Price History
date | price | variance | type | global |
---|
7/14/2021 | $325,000 | - | Sold | view listing |
listing agent: Catherine Boytos