Property
Beds
9
Full Baths
4
1/2 Baths
1
Year Built
1900
Sq.Footage
4,150
PREMIER NUTLEY 4-FAMILY " Hillside Avenue Corridor, 50% Vacancy on Jun 22 . 8- Car Parking & Duplex Setup! Trophy investment opportunity on historic Hillside Avenue. This legal 4-unit Victorian sits on a quiet, tree-lined residential block just 12 miles from Midtown Manhattan. Perfect for an owner-occupant or value-add investor seeking immediate upside. The property is delivered with TWO UNITS VACANT, creating a cash-flow opportunity from Day 1. Units 1 & 2 (Occupied): Stable residential units generating a combined $2950 /month. 4% yr increase. Unit 3 (Vacant June 22) Recently renovated, bright, and rent-ready, with current $2650 rent. Rent can be $2850 upon vacancy from 07/01 Unit 4 (Vacant Duplex): Large two-story duplex, 1600 sq ft, with loft space, ready for renovation and significant rental upside. $3200+ rent. PRIVATE 8-CAR PARKING LOT: Rare for the Hillside Avenue corridor. Three spaces are currently rented to neighborhood residents. $2400- 3000 /yr. Remaining spaces offer additional income potential or future tenant amenities. Separate utilities for all units. Passed all state and local inspections.
Features & Amenities
Interior
-
Total Bedrooms
9
-
Bathrooms
4
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas, Hot Water, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
Off Street
-
Patio and Porch Features
Patio, Porch
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.2
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
See Remarks
Price
-
Sales Price
$1,435,000
-
Tax Amount
$21,214
-
Sq. Footage
4, 150
-
Price/SqFt
$345
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
JOHN H. WALKER
-
High School
NUTLEY
Property Features
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Essex
Elementary School
Middle School
JOHN H. WALKER
High School
NUTLEY
Listing Courtesy of None , YOUR TOWN REALTY
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
FOUNDER
Patrick Bolger
Call Patrick today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Related Properties
Nutley Twp.
30 Centre St
5 Beds
4 Baths
3,200 Sq.Ft.
$1,290,000
MLS#: 4031311
