$999,999
156 BROWN AVE Prospect Park, NJ 07508
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$999,999
Est. payment /mo
5.5 BA
Price Dropped by $200K
156 BROWN AVE Prospect Park, NJ 07508
UPDATED:
09/10/2024 05:06 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240015280
Full Baths 5
Half Baths 1
Annual Tax Amount $22,071
Lot Dimensions .46 acre
Property Description
EXCELLENT RARE OPPORTUNITY!!! Two houses on .45 acre property, including one 3-family and one 2-family. 4 apartments are currently tenant occupied. Owner's apartment is a 2/3-bedroom, 1.1 bath first floor residence shown in the photos. Further information and details, including floor plans and photos, are available for all other apartments and can be provided upon request to serious buyers only. All units include separate utilities, washer/dryer hookups and ample parking. Front house was originally built in 1921. Rear house was converted to 2-family in 2014. Apartments are in great condition with updated kitchens. Unit 1 (1st fl) has 2/3 beds, 1.1 baths with laundry in basement. Unit 2 (2nd fl) has 1 bed, 1 bath with access to attic. Unit 3 (1st and 2nd fl) has 2 beds, 1 bath with laundry in basement. Rear house apartments are 10 years old with hardwood floors, central AC and laundry in units. Front house has basement under Unit 1 that is finished, but needs to be renovated. Investors and developers are welcome to inquire. Complete brochure with specs on all apartments, attic, basements,current/projected rent roll and valuation analysis is available to qualified buyers. Respectable cap rate with room to grow. Please do not trespass on property or disturb tenants.
Location
State NJ
County Passaic
Area Prospect Park
Listed by WEICHERT REALTORS
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