2329 Zion Rd, Northfield, NJ 08225 – 589332 - Joseph Lam

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$464,900

Est. payment - /mo

2 Beds

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UPDATED:

09/24/2024 01:46 AM

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

Rooms

Basement Unfinished

Interior

Heating Baseboard, Gas-Natural, Hot Water

Exterior

Exterior Feature Vinyl

Garage Attached Garage, Two Car

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)

Listed by COLLINI REAL ESTATE

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262