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Description

EXCELLENT RARE OPPORTUNITY!!! Two houses on .45 acre property, including one 3-family and one 2-family. 4 apartments are currently tenant occupied. Owner's apartment is a 2/3-bedroom, 1.1 bath first floor residence shown in the photos. Further information and details, including floor plans and photos, are available for all other apartments and can be provided upon request to serious buyers only. All units include separate utilities, washer/dryer hookups and ample parking. Front house was originally built in 1921. Rear house was converted to 2-family in 2014. Apartments are in great condition with updated kitchens. Unit 1 (1st fl) has 2/3 beds, 1.1 baths with laundry in basement. Unit 2 (2nd fl) has 1 bed, 1 bath with access to attic. Unit 3 (1st and 2nd fl) has 2 beds, 1 bath with laundry in basement. Rear house apartments are 10 years old with hardwood floors, central AC and laundry in units. Front house has basement under Unit 1 that is finished, but needs to be renovated. Investors and developers are welcome to inquire. Complete brochure with specs on all apartments, attic, basements, current/projected rent roll and valuation analysis is available to qualified buyers. Respectable cap rate with room to grow. Please do not trespass on property or disturb tenants.

Features

Heating System : 4+ Units, See Remarks
Cooling System : See Remarks
Basement : Full
Roof Deck : Asphalt Shingle
Furnished : Tile, Wood, Carpeting, See Remarks
Lot Description: Level Lot
Tax Assessed Valuation: 399700
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: Electric, Gas-Natural

Additional Info

Office Name: WEICHERT REALTORS
Office MLS ID: 000648
Agent ID: 266154
Tax: 22071
Tax Year: 2023
Application Fee: $0
Zoning: R1

Commercial For Sale

For Sale

$999,999

156 Brown Ave, Prospect Park Boro, *

119 Acre
Built Year 1921

Details

Property Type: Commercial
Listing Type: For Sale
Listing ID: 5305149
Price: $999,999
Bedrooms: 0
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1921
Year Built Description: Approximate
Lot Area: 119 Acre
Status: Active
Days On Market: 36

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Passaic
City Prospect Park Boro
Zipcode *
Street: Brown Ave
Street Number: 156
Street Direction: Brown Ave between Wagaraw Blvd and N 12th St
Floor Number: 0
Longitude: W75° 49' 28.8''
Latitude: N40° 56' 9.2''
Internet Display Address: Yes