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Listed by Catherine Lawton Century 21 Crest Real Estate
$ 999,900
Est. payment | /mo
$ 999,900
Est. payment | /mo
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25026785
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Prime Investment opportunity in the middle of Lyndhurst. Located in a high demand commuter area just around the corner from the New Train Station! This mixed use property features 3 residential units and 2 leased retail storefronts. A rare blend of stability and growth potential, this property features 2 retail units and a one bedroom apartment on the first floor, and two 3 bedroom apartments on the second floor. Ample off street parking in the rear parking area. Recent updates include roof, furnace, hot water heater. Landlord pays heat/water/sewer. Tenant pays cooking gas and electric. Annual income approx $96312 and Yearly Expenses approx $29420. A few houses away from the New Lyndhurst Train Station, close to NYC buses, stores, restaurants, nightlife. A rare find for investors to own in thriving Lyndhurst!
Location
State NJ
County Bergen
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Thomas Mikalouskas
REALTOR® | Lic# 0235388