232 Stuyvesant Ave
Lyndhurst, NJ 07071

$995,000

Number of Units: 3
Type: Multi-Unit Residential
Listing #3926264
Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O and any inspections needed for closing.
Property Features
Location Information
County: Bergen
Latitude: 40.8154948455329
Longitude: -74.12513673305513
Directions: Stuyvesant between Court & Tontine
Interior Features
Total Rooms: 20
Heating: 1 Unit, Radiators - Hot Water
Heating Fuel: Gas-Natural
Cooling: Wall A/C Unit(s)
Water Heater: Gas
Basement Description: Full, Unfinished
Has Basement: Yes
Unit 1 Features: Beds:3 Baths:1.0
Unit 2 Features: Beds:3 Baths:1.0
Unit 3 Features: Beds:1 Baths:1.0
Total Number of Units: 3
Exterior Features
Siding: Vinyl Siding
Roof: Flat
Sewer: Public Sewer
Water: Public Water
Utilities: Electric, Gas-Natural
Garage Spaces: 0
Driveway: 2 Car Width, Driveway-Exclusive, Gravel, Off-Stree
Lot Size: 25X172
Lot Size in Acres: 0.1
Building Total Area (Sq. Ft.): 3,545
Additional Information
Property Type: RI
Year Built: 1920
Status: Active
Tax Amt / Rate / Yr: 17936 / 2.032 / 2023


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
LATTIMER REALTY
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GSMLS (Broker IDX) data last updated at October 22, 2024 10:28 AM ET