232 Stuyvesant Ave Active

Lyndhurst Twp.,NJ 07071

$ 995000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3912229

Year Built 1920

Annual Tax Amount $13,881

Tax Year 2022

Lot Size 4,356 Sqft

Property Description

Unique income producing investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Building is mostly leased and features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O and any inspections needed for closing.

Location

State NJ

County Bergen

Zoning B

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s), Window A/C(s)

Flooring Tile, Vinyl-Linoleum, Wood

Equipment Appliances

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, Vinyl Siding

Utilities Available Gas-Natural

Roof Type See Remarks

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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