Do Real Estate on the Go!
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Do Real Estate on the Go!
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$550,000
5 Beds
- 2 Baths
2 full baths
--sqft
46 Trinity St, Newton, NJ 07860
$550,000
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Multi Family
Built in 1900
$-- HOA
11,761.2 sqft lot
--/sqft
Description
Tenants Pay All Utilities.Three Units - Two Residential Fully Rented with very strong cash flow and a HUGE additional outbuilding for upside--In addition to the two fully rented Residential Units there is a very large storage/house that could be used as a work shop or rented for additional income (Owners currently use it for their own storage). This out building currently has electric but it would be possible to convert this to two studio apartments or a large 2 BR if plumbing was added. Whether you rent it out as is for storage or convert it, the upside is huge and the cap rate is very strong as it is right now. 8 CAP+
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
11,761.2 sqft lot
Basement Area
- sqft
MLS Name
Garden State MLS
MLS Number
3994658
MLS Status
Active
Days on Market
39
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