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732-754-2541
eXp Realty
102 Exton Ave, North Arlington Boro, NJ 07031
- $1,249,000
- 12
- BD
- 4
- BA
- List Price
- $1,249,000
- Days on Market
- 13
- Status
- ACTIVE
- MLS#
- 4057084
- Bedrooms
- 12
- Bathrooms
- 4
- Full Baths
- 4
- Lot Size (Acres)
- 0.12
- Year Built
- 1930
Property Description
RARE 4-FAMILY INVESTMENT OPPORTUNITY! Owner-occupy or add a turnkey income-producing property to your portfolio. Ideally situated at the corner of Exton Ave & Forest St, this fully renovated property features four spacious 3-bedroom, 1-bath apartments, each offering a comfortable Living Room, Eat-In Kitchen, and excellent rental appeal. All four apartments have been completely renovated with new kitchens, bathrooms, flooring, paint, and more allowing a new owner to benefit from a property that is ready to generate income from day one. Each unit has separate utilities, providing an important advantage for investors. The income potential continues with a two-car garage currently rented for $500/month, plus off-street parking accessed from the dedicated driveway on Exton Ave. The basement is divided for additional storage and features coin-operated laundry, creating another valuable amenity for tenants. The property currently generates over $127,800 in annual gross income, with significant upside potential for an investor looking to increase returns. With four 3-bedroom units, multiple parking options, garage income, separate utilities, and a commuter-friendly location, this is an ideal opportunity for the savvy investor, first-time landlord, or owner-occupant. Four-family properties this well positioned and fully renovated are hard to find. Don't miss this opportunity to acquire a strong income-producing asset with built-in potential for future growth!
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Additional Information
- Area
- North Arlington Boro
- Basement Desc
- Unfinished
- Utilities
- Electric, Gas-Natural
- Taxes
- $18,621
- Exterior
- Aluminum Siding
- Lot Description
- Level Lot
- Water
- Public Water
- Basement
- Yes
- Cooling
- Window A/C(s)
- Interior
- Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors
- Roof
- Flat
- Show Address
- Yes
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Listing Courtesy Of RE/MAX ELITE REALTY, Contact: 973-287-6047
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