BEDS5
BATHS3 full
MLS#4032552
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Large Multi Family Opportunity in Irvington with 3 separate units! Spacious 5 bedroom, 3 full bath property situated on a large lot with a detached two car garage, ample parking, and strong value add potential by renovating the basement. A new driveway can be installed prior to closing for offers over the list price. The first and second floors each offer spacious 2 bedroom units, while the third floor features a 1 bedroom apartment, creating flexible options for an owner occupant, house hacker, or investor looking to reduce their taxes through cost segregation. The large full basement includes three additional rooms and a full bath, additional storage and laundry area. The second floor unit is currently rented for $2,100 and used as a 3 bedroom apartment by accessing the apartment from the rear and not utlitizing the living room. Unit 1 & 3 are currently vacant and recently renovated. Potential future rental income may reach approximately $7,800+ per month based on projected rents of $3,500 for the 1st floor unit including basement access, unit 2 $2,500 , and unit 3 $1,800, with possible additional income from washer/dryer access, parking, WiFi, storage and garage access. Conveniently located near South Orange and Maplewood amenities, parks, shopping, dining, public transportation, and major commuter routes. Professional pictures will be updated shortly. Property may be eligible for grant programs through approved lenders.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished-Partially
Basement: Yes
Cooling: None, WindowAC
Fuel Type: Gas-Natural
Garage: 2
Heating: 3 Units, Baseboard - Hotwater, Radiators - Steam
Lot Size: 0.08 Acres
Roof Type: Asphalt Shingle
Taxes: $13,923
Year Built: 1930
Amenities
Carbon Monoxide Detector
Fire Extinguisher
High Ceilings
Smoke Detector
Tile Floors
Walk-In Closet
Wood Floors
Metal Fence
Wood Fence
Feature Descriptions
Days on Site: 3
Driveway: Blacktop, Off-Street Parking
Exterior: Brick, Vinyl Siding
Lot: Level Lot
Lot Dimensions: 0.08 acre(s)
Parking Notes: Detached Garage
Sewer: Public Available
Utilities: All Underground
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: RE/MAX FIRST REALTY II
Agency Contact: 862-283-1282
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,983.99 per month $1,612.42 Principal & Interest $1,160.25 Property Tax $211.31 Homeowner's InsuranceChange Payment Information
98 Delmar Pl | MLS# 4032552
This multi-family property located at 98 Delmar Pl, Irvington, NJ 07111 is currently listed for sale with an asking price of $724,500. Search Irvington real estate on www.realtymark.net today.