BEDS5
BATHS3 full
MLS#4040797
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Income-Producing 2-Family with Owned Solar, Private Parking & Strong Rental PotentialThis well-maintained 2-family home offers an excellent opportunity for investors or owner-occupants seeking rental income, valuable upgrades, and private parking. The first-floor duplex features 2 bedrooms, 2 full bathrooms, and an expanded layout with a finished lower level, while the second-floor unit offers 3 bedrooms and 1 full bathrooms. Stable tenants are already in place, with the first-floor lease expiring in August and the second-floor lease expiring in March, providing flexibility for future plans. One of the property's standout features is its owned solar panel system, offering a fixed electric rate of approximately $0.14/kWh under a long-term agreement an exceptional value that helps keep energy costs predictable for years to come. Additional highlights include private driveway parking, a detached garage, and extra parking behind the garage a rare convenience for a multi-family property. All major appliances are included, including refrigerators, stoves, microwaves, washers, and dryers. The home also features central HVAC, a newer central A/C system installed last year, an additional ductless cooling system, and public water and sewer. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property offers the perfect combination of cash flow, energy savings, and long-term value.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: Central Air, Ductless Split AC
Fuel Type: Gas-Natural
Garage: 2
Heating: Baseboard - Hotwater
Lot Size: 0.07 Acres
Taxes: $14,121
Year Built: 1941
Feature Descriptions
Days on Site: 1
Driveway: Additional Parking, Common
Exterior: Brick
Lot Dimensions: 0.07 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Gas-Natural, See Remarks
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: EXP REALTY, LLC
Agency Contact: 973-250-9974
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,691.47 per month $2,223.34 Principal & Interest $1,176.75 Property Tax $291.38 Homeowner's InsuranceChange Payment Information
244 Slocum Way | MLS# 4040797
This multi-family property located at 244 Slocum Way, Fort Lee, NJ 07024 is currently listed for sale with an asking price of $999,000. Search Fort Lee real estate on www.realtymark.net today.