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    144 Montgomery Ave

    Irvington Twp., NJ 07111
    • $395,000
    • STATUS: Active
    • ON SITE: 6 days
    • ID#: 3679245
    New On Site 6 Days Ago
    $395,000
    • 8
      BEDS
    • 0.12
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Amazing opportunity for an owner or investor to acquire 4 income producing multi-family properties in one of the fastest growing areas of Newark & Irvington. See portfolio 3679235, 3679213, 3679225. Situated in Irvington between Newark's Clinton Hill & Westside area this recently renovated income producing 3 family property is fully occupied. All tenants are month to month. The property consists of 8 beds and 3 baths. Separate Utilities. Off-Street parking for 3+ cars. Located near Springfield Ave, Seton Hall University, shopping, and public transportation. Potential to be sold as a package of 4 multi-family properties comprising 13 units. Whether you are a first time home buyer or a seasoned investor looking to add to your portfolio this property has it all. Individual Cap Rate 7% Combined Cap Rate 9.2%.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-24T22:46:29.02.
    www.seeinsidethehouse.com/homes/112007602
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    144 Montgomery Ave Irvington Twp., NJ 07111

    • Price: $395,000
    • Status: Active
    • ID#: 3679245
    8
    Beds
    3
    Baths
    0
    ½ Baths
    0.12
    Acres
    1923
    Built
    County:
    Essex
    Area:
    Irvington Twp.
    Property Description
    Amazing opportunity for an owner or investor to acquire 4 income producing multi-family properties in one of the fastest growing areas of Newark & Irvington. See portfolio 3679235, 3679213, 3679225. Situated in Irvington between Newark's Clinton Hill & Westside area this recently renovated income producing 3 family property is fully occupied. All tenants are month to month. The property consists of 8 beds and 3 baths. Separate Utilities. Off-Street parking for 3+ cars. Located near Springfield Ave, Seton Hall University, shopping, and public transportation. Potential to be sold as a package of 4 multi-family properties comprising 13 units. Whether you are a first time home buyer or a seasoned investor looking to add to your portfolio this property has it all. Individual Cap Rate 7% Combined Cap Rate 9.2%.
    Exterior Features

    Approximate Lot Size 42.32 X 127 Exterior Description Vinyl Siding Number Of Parking Spaces 4 Parking Driveway Description See Remarks Roof Description See Remarks

    Interior Features

    Basement Yes Basement Description Full Cooling 3 Units Heating 3 Units Total Number Of Rooms 19 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving/Dining RoomSee Remarks Unit1 Rooms 7 Unit1 Security Deposit 9999 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving/Dining RoomSee Remarks Unit2 Rooms 7 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving/Dining RoomSee Remarks Unit3 Rooms 5 Unit3 Sq Ft 0

    Property Features

    Assessment Total 197900 Building Assessment 175200 Easement Unknown Expenses Include UtilitiesInsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 45000 Land Assessment 22700 Net Operating Income 27951 Sewer Public Sewer Tax Amount 11505 Tax Rate Amount 5.814 Tax Rate Year 2019 Tax Year 2019 Total Operating Expense 17049 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1350 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1200 Unit2 Security Deposit 9999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1200 Unit3 Security Deposit 9999 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Approximate

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-24T22:46:29.02.
     
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    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809