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25 Sharon Ave

Irvington Twp., NJ 07111
  • $549,000
  • STATUS: Active Under Contract
  • ON SITE: 99 Days
  • MLS #: 3874444
Under Contract
UPDATED: 58 min ago
$549,000
  • 9
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,525
    SQFT
  • $156
    $/SQFT
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Description

Here is a rare opportunity to invest in a well-maintained income producing 3 FAMILY property with three 3BR/1BA units and a full finished basement. Annual rent roll $54,000, 1 lease recently renewed, 2 leases are month to month. According to GSMLS, avg. price of 3 BR rentals in Irvington is $2,172 (see attachment). Neither of the 3 units will be delivered vacant (FHA/VA loans may not qualify, confirm w/ lender). Come see what this property has to offer, including the SPACIOUS FINISHED PARTITIONED BASEMENT. All units were renovated and appliances replaced in 2020.

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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 The Sue Adler Team - Keller Williams. 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 The Sue Adler Team - Keller Williams 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 2024-02-21T09:47:11.39.
www.latestnjlistings.com/homes/145237563
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25 Sharon Ave Irvington Twp., NJ 07111

  • Price: $549,000
  • Status: Active Under Contract
  • On Site: 99 Days
  • Updated: 58 min ago
  • MLS #: 3874444
9
Beds
4
Baths
0
½ Baths
0.06
Acres
3,525
SQFT
$156
$/SQFT
1914
Built
County:
Essex
Area:
Irvington Twp.
Property Description
Here is a rare opportunity to invest in a well-maintained income producing 3 FAMILY property with three 3BR/1BA units and a full finished basement. Annual rent roll $54,000, 1 lease recently renewed, 2 leases are month to month. According to GSMLS, avg. price of 3 BR rentals in Irvington is $2,172 (see attachment). Neither of the 3 units will be delivered vacant (FHA/VA loans may not qualify, confirm w/ lender). Come see what this property has to offer, including the SPACIOUS FINISHED PARTITIONED BASEMENT. All units were renovated and appliances replaced in 2020.
Exterior Features

Approximate Lot Size 25 X 100 Exterior Description Vinyl Siding Garage Description None Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FinishedFull Cooling See Remarks Heating See Remarks Interior Features Carbon Monoxide DetectorSmoke Detector Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomPantry Unit1 Rooms 4 Unit1 Security Deposit 2250 Unit1 Sq Ft 1000 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomPantry Unit2 Rooms 4 Unit2 Sq Ft 1000 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In KitchenLiving RoomPantry Unit3 Rooms 4 Unit3 Sq Ft 1000 Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 0 Unit4 Rooms 3

Property Features

Assessment Total 168500 Building Assessment 151900 Easement Unknown Exclusions Personal property. Expenses Include Cold WaterInsuranceTaxes Farm Assessment No Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 54000 Home Warranty No Land Assessment 16600 Net Operating Income 50000 Renovated Year 2020 Sewer Public Sewer Tax Amount 10044 Tax Rate Amount 5.961 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 4000 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1500 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1500 Unit2 Security Deposit 2250 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1500 Unit3 Security Deposit 2250 Unit4 Handicap Modified No Unit4 Rent 0 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description RenovatedUnknown

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 973-641-4139.


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 The Sue Adler Team - Keller Williams. 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 The Sue Adler Team - Keller Williams 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 2024-02-21T09:47:11.39.
 
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The Sue Adler Team - Keller Williams
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Short Hills NJ, 07078