Turn-key Low-Maintenance 4-Family!!

9-11 South Street
Manville, NJ 08835
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For Sale
$449,999
Est. Payment
$1,878
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updated Sep 20
Property Type Multiple Family Home
Beds 4
Baths 4
County Somerset
Listing ID JWM5159
This seller will work with buyer's agents.
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Find a mortgage in Manville, NJ

Property Value: $449,999 • Loan Value: $359,999 • 30 year fixed • Change Assumptions

Highlights

  • 2 stories
  • Lot size is .14
  • 4 parking spaces reserved/uncovered
  • $8,600 estimated taxes (yearly)

Description

This is your chance to own a great 4-family building. The building was completely gutted (down to the frame) and renovated in the mid 80's. It boasts 4 almost identical 1 bedroom apartments. The apartments have been updated in the last year with new carpeting, paint and kitchen flooring. Each apartment has a fridge, dishwasher, oven and lots of cabinet and closet space. All utilities are separate except for cold water. There are sub-panel boxes in each unit and a main panel in the basement (this building built as a four-family) Each apartment has AC and heat. The lower units have central air and the upstairs apartments have in-wall AC/heat units. Each apartment has front and back entrances. There are 2 separate stairwells in the front of the building as shown in the picture. There is a deck in the rear and spacious parking for 4 cars. There is a full basement for storage as well. This is a turn-key low-maintenance investment. The building comes fully rented. Gross rental income is 46,500.
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