55 Main St, Succasunna, NJ 07876

55 & 57 Main Street offers a great opportunity for first time home buyers - live in one unit and rent the other. I did this until I was ready to move on to a single family home and now I rent out both units as an investment property. Unit 1 has 2 bedrooms and 1 bathroom. Unit 2 has 3 bedrooms and 1 bathroom. Electric, heat and cable are separate bills and the responsibility of the tenants; town sewer and water bills are shared and paid by landlord. Current rental income is $2,750 per month. Current landlord expenses per month (excluding mortgage) are ~$150, plus maintenance expenses.