232 Stuyvesant Ave | Lyndhurst Twp.

$995,000 | 5 Baths (5 Half) | 0.0 Sq. Ft.

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. GSMLS 3912229

Directions to property: Stuyvesant between Court & Tontine

MLS Listing ID: 
GSMLS 3912229
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1920
Living Area: 
0.0
Basement: 
Full, Unfinished
Construction
Construction Materials: 
Brick/Block, Wood
Roof: 
See Remarks
Exterior: 
Brick/Block, Vinyl Siding
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
5
Total Half-Bathrooms: 
5
Utilities
Information about utilities available on the property.
Heating System: 
1 Unit, Radiators - Steam
Heating System Fuel: 
Gas-Natural
Cooling System: 
Wall A/C Unit(s), Window A/C(s)
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.1
Lot Size (Dimensions): 
25X172
Waterfront: 
0
Lot Features
Driveway: 
2 Car Width, Driveway-Exclusive, Gravel, Off-Street Parking
Parking Type: 
2 Car Width, Driveway-Exclusive, Gravel, Off-Street Parking
Total Parking Spaces: 
10
Public Record
Parcel Number: 
1132-00066-0000-00020-0000-
Lot Number: 
20
Annual Tax: 
$13,881.00
Property Zoning: 
B
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
7/9/2024
Contract Details
Details about the listing contract.
Inclusions: 
Building Only
Possession: 
IMMED
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
LATTIMER REALTY