BEDS5
BATHS4 full
MLS#4035708
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional and rare investment opportunity in the heart of Prospect Park! This income-producing 4-family property features a desirable unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio apartment, offering diversified rental income and broad tenant appeal. Property highlights include separate utilities and a detached garage. The current rent roll is approximately $6,500 per month. One 2-bedroom unit is currently vacant, providing immediate leasing potential at market rent. An additional 2-bedroom unit is rented on a month-to-month basis, the 1-bedroom unit is leased at market value, and the studio is currently rented below market value, offering future income growth opportunities. Investors have the potential to increase cash flow through future rent adjustments and strategic management. Whether you're expanding an existing portfolio or seeking a stable multi-family asset with upside potential, this property presents an excellent opportunity in a strong rental market. Conveniently located near shopping, dining, parks, schools, and major transportation routes, with easy access to surrounding towns and commuter options.The entire property has not been photographed and must be seen to be fully appreciated. Security deposit information will be disclosed. All square footage figures are approximate and should not be relied upon as exact measurements.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: See Remarks, Window A/C(s)
Fuel Type: Gas-Natural
Garage: 1
Heating: 4+ Units
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle
Taxes: $15,571
Amenities
Carbon Monoxide Detector
Carpeting
Fire Extinguisher
Smoke Detector
Wood Floors
Feature Descriptions
Days on Site: 12
Driveway: Driveway-Exclusive, See Remarks
Exterior: Aluminum Siding
Lot: Level Lot
Lot Dimensions: 0.11 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: EXP REALTY, LLC
Agency Contact: 866-201-6210
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,499.91 per month $1,947.15 Principal & Interest $1,297.58 Property Tax $255.18 Homeowner's InsuranceChange Payment Information
139 Fairview Ave | MLS# 4035708
This multi-family property located at 139 Fairview Ave, Prospect Park, NJ 07508 is currently listed for sale with an asking price of $874,900. Search Prospect Park real estate on www.realtymark.net today.