EDISON 4 UNITS Presented By Darrell Bailey Real Estate

Middlesex County, Edison, NJ, 08817
Sold
Listed at: October 15th, 2022
Price
$525,000
ARV
$580,000
Gross Margin
$55,000
Sq. Footage
2170
Type
Multifamily
Parking
Driveway
Year build
1922
Lot size
0.11 acres
Bedrooms
7
Bathrooms
4
Half Bathrooms
0
Summary

 Welcome home to this large Edison 4-family home with 3 units and a separate single-family dwelling with lots of parking! This incredible investment opportunity with tenants in place with 1 bedroom basement unit that has the potential to be converted into a 2-bedroom apartment. Ideal for an investor or home buyer looking to live in one unit and rent the other to offset your monthly mortgage - plus the home has separate gas and electric utilities! Great Rent Roll - $4k/month with month-to-month leases (except apt 3/basement) with the potential to increase rents! Unit 1 offers 3BR, 1 bath. Unit 2 offers 2BR, 1 bath. Unit 3 offers 1 BR, 1 bath. Unit 4 offers 1 BR, 1 bath - Cottage in Rear. Apt 3/Basement has a separate entrance with a full bath. The location is ideal for commuters - Close to all modes of public transportation and minutes away from rt 9, NJ Turnpike, and Garden State Pkwy for an easy commute to New York or anywhere in New Jersey!

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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Darrell Bailey

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