197 Macarthur AVE Active Save Request In-Person Tour Request Virtual Tour
Sayreville,NJ 08872
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $206
MLS Listing ID 2503254R
Year Built 1991
Annual Tax Amount $18,485
Tax Year 2023
Lot Size 0.418 Acres
Property Description
Incredible Investment Opportunity in Sayreville! Discover a prime investment opportunity with this well-maintained five-family property in the heart of Sayreville. This multi-family gem is designed for maximum rental income and tenant satisfaction, featuring: Modern Infrastructure: Enjoy peace of mind with a roof that's only 2 years old. Each unit comes equipped with its own separate furnace, water heater, gas meter, electric meter, and water meter, ensuring independence and efficiency. Spacious Living: Each of the five units boasts 2 bedrooms and 1 full bathroom, complemented by a generous living room and kitchen area. Updated laminated flooring throughout adds a fresh, contemporary touch. Convenient Amenities: All units feature washer and dryer hookups, enhancing tenant convenience and comfort. Each unit also benefits from 2 dedicated parking spots. Prime Location: Ideally situated close to parks, shopping, restaurants, and commuter routes, this property offers unparalleled convenience for residents. Revenue Potential: This investment is tenant-occupied, with some units currently renting at up to 20% below market value, presenting an excellent opportunity to increase rental income and capitalize on potential growth. Don't miss out on this exceptional chance to create passive income with a property that combines modern features, strategic location, and significant investment potential. Act now and secure your future in real estate!
Location
State NJ
County Middlesex
Zoning R-7
Interior
Heating Forced Air
Cooling Window Unit(s)
Flooring Laminate
Exterior
Utilities Available Electricity Connected,Natural Gas Connected
Roof Type See Remarks,Composition
Building
Lot Description Dead - End Street
Story 2
Sewer Public Sewer
Water Public