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$ 920,000
Est. payment | /mo
4,800 SqFt
$ 920,000
Est. payment | /mo
4,800 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $191
Subdivision Irvington Park
MLS Listing ID 3976408
Year Built 1948
Annual Tax Amount $22,581
Tax Year 2024
Lot Size 3,484 Sqft
Property Description
3 May St " Fully Renovated 6-Family For Sale High Cap Rate & Prime LocationTurnkey investment opportunity! This fully renovated 6-family property offers a high cap rate with month-to-month tenants, providing flexibility for owner-occupants or investors looking to adjust rents. Each unit has been thoughtfully updated with modern finishes, separate utilities, and strong rental appeal. The building includes a large basement ideal for storage or additional use. Situated in a prime location across from a park, and just steps from bus lines, train stations, and major highways perfect for commuters and renters alike. A rare chance to own a stabilized asset with upside potential in a thriving area. Act fast this one won't last!
Location
State NJ
County Essex
Zoning 6 UNIT
Rooms
Basement Finished
Interior
Heating Electric, Gas-Natural
Cooling 4+ Units, Central Air
Flooring Laminate
Equipment See Remarks
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Flat, See Remarks
Building
Lot Description Corner
Story 3
Sewer Public Sewer
Water See Remarks
Others
Ownership Fee Simple
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Listed by BHGRE ELITE
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Carlos "Alex" Jesus
Broker | Lic# 9798051