BEDS0
BATHS27
MLS#4014919
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
This superb investment FOUR story brick 26 UNIT building offering 15 one bedroom units and 11 two bedroom units is nestled in prime location, surrounded by many new constructions as large redevelopments are happening very quickly in this vicinity. Property is well maintained. Boiler and hot water heater under 5 years old. Elevator 2006, roof redone multiple times since ownership, last update 2018. Most rentals are below market value and have much more potential. 4 units are in process of renovation, will be rented during contract at new market value. ALL units have been renovated in full 20 years ago, and many were renovated prior to getting re-rented. All units are in great condition. Super on premises. Security cameras are all in place and included in the sale. Located few mins from the train station and nestled between the Garden State Parkway and Route 280, super convenient! Most rentals are below market value. The current income is great, and the potential income is hard to pass! Call for details.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished-Partially, Full
Fuel Type: Gas-Natural
Heating: 1 Unit
Lot Size: 0.19 Acres
Roof Type: Flat
Stories: 4.0
Taxes: $81,277
Year Built: 1955
Feature Descriptions
Days on Site: 2
Equipment Available: Appliances, Fire Alarm, Fixtures, Passenger Elevator(s), Security System, See Remarks, Smoke Detector, Storage Area(s)
Exterior: Brick/Block
Location: Freestanding, Residential Area, See Remarks
Lot Dimensions: 0.19 acre(s)
Max Door height: 0
Parking Spaces: 0
Sewer: Public Sewer
Units: 26
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS PROSPERITY REALTY
Agency Contact: 973-696-0077
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 17,594.67 per month $9,567.71 Principal & Interest $6,773.08 Property Tax $1,253.88 Homeowner's InsuranceChange Payment Information
481 William St | MLS# 4014919
This multi-family property located at 481 William St, East Orange, NJ 07017 is currently listed for sale with an asking price of $4,299,000. Search East Orange real estate on www.realtymark.net today.