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$ 650,000
Est. payment | /mo
7 Beds
4 Baths
2,600 SqFt
$ 650,000
Est. payment | /mo
7 Beds
4 Baths
2,600 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $250
MLS Listing ID 3950065
Style 3-Three Story, See Remarks
Bedrooms 7
Full Baths 4
Year Built 1892
Annual Tax Amount $9,168
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
Investor Alert! 1077 Arlington Ave is a legal two-family home featuring 7 bedrooms and 4 full bathrooms. Fully rented with below-market leases, this property presents an excellent opportunity to increase rental income. Each unit maintains separate utilities, with common area expenses covered by the landlord. Additional features include a full basement and a driveway accommodating over 7 cars. Conveniently located near schools, shopping centers, grocery stores, and public transportation. The property requires some TLC, offering the potential to add value through renovations. Sold strictly AS-IS; buyer responsible for Certificate of Occupancy and city certifications. Don't miss this high-potential investment! Tenants are month to month.
Location
State NJ
County Union
Rooms
Basement Full, Walkout
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, See Remarks
Others
Senior Community No

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Listed by SIGNATURE REALTY NJ
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Mindy Skelly
Licensed Real Estate Broker