Are you looking for a prime investment property in the heart of Madison, NJ? Look no further! This meticulously maintained multi-family unit offers a great opportunity for investors.
Property Details:
Location: Madison, NJ
Unit 1: 3 Bedrooms, 1 Bathroom
Unit 2: 2 Bedrooms, 1 Bathroom
Fully Rented: Both units are currently occupied by long-term tenants, providing a steady stream of rental income.
Shared Basement: The property features a shared basement with a washer/dryer, which not only adds convenience for tenants but also generates additional revenue.
Upgrades: In 2017, one of the units underwent a complete remodel, bringing a fresh and modern feel to the space. Additionally, the mechanical systems for both units were upgraded, ensuring efficient and worry-free living for tenants. Separate utilities for each unit as well as a house meter for laundry.
Taxes: $7,400/year for a 2-Family!!
Off market
$880,000
4 South St, Madison, NJ 07940
5beds
1,650sqft
MultiFamily
Built in 1950
-- sqft lot
$880,000 Zestimate®
$533/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,650 sqft
Property
Parking
- Total spaces: 2
Features
- Exterior features: Wood
Lot
- Size: 9,600 sqft
Details
- Parcel number: 1701108000000023
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
Condition
- Year built: 1950
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Madison
Other
Other facts
- Appliances \ Appliances \ Range/Oven-Gas
- Appliances \ Range\Oven-Gas
- Available \ Immediately
- Basement Level Rooms \ Storage Room
- Basement \ Basement Level Rooms \ Storage Room
- Bedroom 1 Level \ First
- Bedroom 2 Level \ First
- Bedrooms \ Bedroom 1 Level \ First
- Bedrooms \ Bedroom 2 Level \ First
- Construction Date\Year Built Des \ Approximate
- Dates \ Construction Date/Year Built Des \ Approximate
- Easement \ Unknown
- Elementary School: Central
- Furnished Info \ Unfurnished
- Heating system: Forced Air
- High School: Madison
- Kitchen Level \ First
- Kitchen \ Kitchen Level \ First
- Lease Information \ 1 Year
- Lease Information \ 2 Years
- Level 1 Rooms \ 2 Bedrooms
- Level 1 Rooms \ Bath Main
- Level 1 Rooms \ Kitchen
- Level 1 Rooms \ Living Room
- Listing Type \ Exclusive Right to Sell
- Living Room Level \ First
- Location \ Location \ Residential Area
- Location \ Residential Area
- Location \ Town # \ 2318
- MLS Listing ID: 3438531
- MLS Name: Garden State MLS ZDD (Garden State MLS ZDD)
- Middle School: Madison Jr
- Other Room 1 Level \ First
- Other Rooms \ Level 1 Rooms \ 2 Bedrooms
- Other Rooms \ Level 1 Rooms \ Bath Main
- Other Rooms \ Level 1 Rooms \ Kitchen
- Other Rooms \ Level 1 Rooms \ Living Room
- Other Rooms \ Living Room Level \ First
- Other Rooms \ Other Room 1 Level \ First
- Other \ Available \ Immediately
- Other \ Easement \ Unknown
- Other \ Furnished Info \ Unfurnished
- Other \ Lease Information \ 1 Year
- Other \ Lease Information \ 2 Years
- Other \ Owner Pays \ Maintenance-Lawn
- Other \ Owner Pays \ Repairs
- Other \ Owner Pays \ Sewer
- Other \ Owner Pays \ Trash Removal
- Other \ Pre-Rental Reqrmts \ 1.5MthSy
- Other \ Pre-Rental Reqrmts \ CredtRpt
- Other \ Pre-Rental Reqrmts \ IncmVrfy
- Other \ Rent Includes \ Taxes
- Other \ Rent Includes \ Trash Removal
- Other \ Tenant Has Use Of \ Storage Area
- Other \ Tenant Pays \ Electric
- Other \ Tenant Pays \ Gas
- Other \ Tenant Pays \ Heat
- Other \ Tenant Pays \ Hot Water
- Other \ Tenant Pays \ Water
- Other \ Tenant/Landlord Pays Commission \ Tenant Pays Commission
- Owner Pays \ Maintenance-Lawn
- Owner Pays \ Repairs
- Owner Pays \ Sewer
- Owner Pays \ Trash Removal
- Parking\Driveway Description \ Off-Street Parking
- Pre-Rental Reqrmts \ 1.5MthSy
- Pre-Rental Reqrmts \ CredtRpt
- Pre-Rental Reqrmts \ IncmVrfy
- Primary Property Type \ Apartmt
- Property Type \ Apartment
- Rent Includes \ Taxes
- Rent Includes \ Trash Removal
- Sewage included in rent
- Sewer \ Public Sewer
- Tenant Has Use Of \ Storage Area
- Tenant Pays \ Electric
- Tenant Pays \ Gas
- Tenant Pays \ Heat
- Tenant Pays \ Hot Water
- Tenant Pays \ Water
- Tenant\Landlord Pays Commission \ Tenant Pays Commission
- Town # \ 2318
- Type and Style \ Listing Type \ Exclusive Right to Sell
- Type and Style \ Primary Property Type \ Apartmt
- Type and Style \ Property Type \ Apartment
- Utilities \ Sewer \ Public Sewer
- Water \ Public Water
- Water \ Water \ Public Water
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$880,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$880,000