Description
Edison has 4 units and a separate single family dwelling with lots of parking! This incredible investment opportunity with tenants in place with 1 bedroom basement unit that has the potential to be converted into a 2 bedroom apartment. Ideal for an investor or home buyer looking to live in one unit and rent the other to offset your monthly mortgage - plus the home has separate gas and electric utilities! Great Rent Roll - $4k/month with month to month leases (except apt 3/basement) with potential to increase rents! Unit 1 offers 3BR, 1 bath. Unit 2 offers 2BR, 1 bath. Unit 3 offers 1 BR, 1 bath. Unit 4 offers 1 BR, 1 bath - Cottage in Rear. Apt 3/Basement has a separate entrance with full bath. The location is ideal for commuters - Close to all modes of public transportation and minutes away from rt 9, NJ Turnpike and Garden State Pkwy for an easy commute to New York or anywhere in New Jersey! The seller would be willing to provide sellers concession for strong offers over the list price to help with financing to buy down the interest rate or to reduce the amount of down payment and closing costs. We will only accept offers from direct end buyers no wholesalers please. This opportunity will not last for long.
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9BEDS
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0.11ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
Edison has 4 units and a separate single family dwelling with lots of parking! This incredible investment opportunity with tenants in place with 1 bedroom basement unit that has the potential to be converted into a 2 bedroom apartment. Ideal for an investor or home buyer looking to live in one unit and rent the other to offset your monthly mortgage - plus the home has separate gas and electric utilities! Great Rent Roll - $4k/month with month to month leases (except apt 3/basement) with potential to increase rents! Unit 1 offers 3BR, 1 bath. Unit 2 offers 2BR, 1 bath. Unit 3 offers 1 BR, 1 bath. Unit 4 offers 1 BR, 1 bath - Cottage in Rear. Apt 3/Basement has a separate entrance with full bath. The location is ideal for commuters - Close to all modes of public transportation and minutes away from rt 9, NJ Turnpike and Garden State Pkwy for an easy commute to New York or anywhere in New Jersey! The seller would be willing to provide sellers concession for strong offers over the list price to help with financing to buy down the interest rate or to reduce the amount of down payment and closing costs. We will only accept offers from direct end buyers no wholesalers please. This opportunity will not last for long.
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Data last updated 2023-03-22T07:46:51.407.