374 Boyden Ave, Maplewood, NJ 07040

Description

Exceptional opportunity to own a fully occupied, legal 3-family in the highly desirable Township of Maplewood. This income-producing property offers three spacious apartments with practical layouts and immediate rental income. Current gross rental income is $85,800 annually with seller-reported operating expenses resulting in an estimated Net Operating Income (NOI) of approximately $51,263 and an estimated 6.53% cap rate at the $785,000 asking price. Conveniently located near Maplewood Village, NJ Transit train and bus service, Maplecrest Park, shopping, dining, schools, and major highways. Whether expanding an investment portfolio or planning for future owner occupancy, ...