Welcome to this recently renovated 2024 4-family property nestled in a highly desirable commuter-frien dly area!

Perfectly situated for convenience, this property offers an enticing opportunity for the savvy investor seeking lucrative addition to their portfolio.Each unit within this charming property has been RECENTLY RENOVATED, ensuring a comfortable living experience for tenants and peace of mind for the next owner asking for top market rents. Current rent covers the mortgage.

Offering the opportunity of a starting Cash flow instantly $1, 000= 12K passive per year with per month total income potential to grow as rents increase. Boasting a stable rental history, all tenants are currently paying on market rents and on month-to-month leases, providing flexibility and potential for increased returns.This property also qualifies for NACA, Homebuyer downpayment/ closing cost grants and offers flexible financing options. Seller motivated for the right buyer.

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on 58-60 Stockman Pl
in Irvington, NJ
Presented by Isaiah Springer at
Weichert, Realtors - Short Hills.


Property MLS #3905494 from GardenState

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+ Bedrooms

Bedrooms: 8

+ Bathrooms

Total Bathrooms: 4.00
Full Bathrooms: 4

+ Other Rooms

12
Basement Description: Full, Walkout

+ Garage and Parking

Driveway: Off-Street Parking
Parking Total: 4

+ Multi-Unit Info

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 1.0
Total Bathrooms in Unit-3: 1.0
Total Bathrooms in Unit-4: 1.0
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 3
Unit 1 Total Actual Rent: 1168
Unit 2 Total Actual Rent: 1766
Unit 3 Total Actual Rent: 1766
Unit 4 Total Actual Rent: 1800

+ Other Property Info

Annual Tax Amount: 13937
Source Listing Status: Active
County: Essex
Directions: PLEASE USE GPS
Tax Year: 2022
Source Property Type: Multi-Family
Source System Name: C2C
Coming Soon Date: 2024-06-07
+ Reveal Property Sale History

Listed 2024-06-03
$825000
GardenState

+ Accessibility Features

Access: No

+ Building and Construction

Total Square Feet Living: 4290
Year Built: 1927
Property Age: 97
House Style: Fourplex
Year Built Details: Approximate
Year Remodeled: 2023

+ Display Complete School Details

Irvington High School is a public high school located approximately 1 miles away.
Map directions

University Elementary School is a public elementary school located approximately 0.2 miles away.
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Independence High School is a private high school located approximately 0.3 miles away.
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University Middle School is a public middle school located approximately 0.3 miles away.
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