Properties

Description

Excellent Investment Opportunity Near the Maplewood Border! Whether you're a first-time investor looking to build your portfolio or an experienced owner seeking a solid income-producing property, this 8-unit building offers an excellent opportunity. This well-maintained 2-story property features 8 apartments, 4 on the first floor and 4 on the second floor. Unit mix includes six 2-bedroom apartments, one 1-bedroom apartment, and one studio. Each unit features an eat-in kitchen and a full bathroom. The property also offers an unfinished basement, 2-car garage, and a private driveway with parking for approximately 4 additional vehicles, providing valuable off-street parking. All utilities are separately metered, with the owner currently responsible for heating only. Current leases are scheduled to expire by the end of the year, offering flexibility for a new owner to evaluate rents, reposition the property, or make it their own. Conveniently located near the Maplewood border, with easy access to transportation, shopping, schools, and everyday amenities. A great opportunity for an investor looking for an 8-unit multifamily property with multiple income-producing units and additional parking.

Features

  • Heating System : Baseboard - Hotwater
  • Cooling System : No Cool
  • Basement : Unfinished
  • Roof Deck : Flat
  • Furnished : Tile, Wood, Laminate
  • Lot Description: Corner
  • Tax Assessed Valuation: 1230700
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural
  • Internet

Additional Info

  • Office Name: LIM BANCES REALTY
  • Office MLS ID: 5918
  • Agent ID: 296508
  • Tax: 21416
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: Residential

Commercial For Sale

For Sale
$1,500,000

143 Prospect Ave, Irvington Twp., *

  • SQFT 55 Acre
  • Built Year 9999

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5410335
  • Price: $1,500,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 9999
  • Year Built Description: Unknown
  • Lot Area: 55 Acre
  • Status: Active
  • Days On Market: 209

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Irvington Twp.
  • Zipcode *
  • Street: Prospect Ave
  • Street Number: 143
  • Street Direction: BETWEEN PROSPECT AVE AND 42ND ST
  • Floor Number: 0
  • Longitude: W75° 45' 8.7''
  • Latitude: N40° 43' 23.1''
  • Internet Display Address: Yes
Property