2329 Zion Rd Pending Save Request In-Person Tour Request Virtual Tour
Northfield,NJ 08225
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 589332
Bedrooms 2
Year Built 1922
Annual Tax Amount $8,082
Tax Year 2024
Property Description
RARE TRI-PLEX BEING OFFERED IN NORTHFIELD. NJ! CITY WATER - CITY SEWER - NATURAL GAS. Ready to add three more doors to your ever growing rental portfolio in a highly sought after area, highly sought after school district of South Jersey? Need a solid 1031 exchange property? If I could start all over I would "HOUSE HACK" this one! 3.5% down and start your investing journey! Live in one unit and rent the other two units, covering your mortgage, paying down your loan, and still cash flowing! CASH FLOW = FREEDOM! Rents gross $47,700 annually with plenty of room to VALUE ADD with LONG TERM TENANTS. All units have separate electric and separate gas meters. Unit # 1 is a first floor, large efficiency apartment, full bathroom, spacious kitchen, with stackable washer/dryer, and basement access storage. Unit # 2 is a beautifully kept second floor unit with one bedroom, one full bathroom, kitchen, living room, stackable washer and dryer. Unit # 3 is located at the rear of the building and offers two bedrooms, two full bathrooms, kitchen, and living room. The two car garage is rented out separately providing four streams of income. All three units have updated lead based paint certifications. Most rent updates include new gutters, new rear deck and stairs on unit # 3. Whether you are a seasoned real estate investor or finally ready to make the jump, this is solid start! Welcome to your next investment property on Zion Road!
Location
State NJ
County Atlantic
Community Northfield
Area Northfield City
Interior
Heating Baseboard,Gas-Natural,Hot Water
Exterior
Exterior Feature Vinyl
Garage Attached Garage,Two Car
Waterfront No
Building
Sewer Public Sewer
Water Public