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77 LESTER ST Wallington, NJ 07057
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Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202027694
Sold Date 03/12/21
Bedrooms 8
Full Baths 4
HOA Fees $2/mo
Annual Tax Amount $10,492
Tax Year 2020
Property Sub-Type 4 Family
Property Description
Timing is everything when you consider purchasing a rare 4 family investment property with 8 bedrooms, 4 full baths, under market rents, and reasonable taxes. Month to month rents total a gross of $48,600 giving you a 6.3% cap rate. Be pleased by the condition of the home; the interior is clean and presentable. Roof is only 5 years old, water heaters only 3 years old, furnaces average only 4 years old and with PSEG's "WORRY FREE" service contracts on all four of them. This exciting investment property carries an active green card and is positioned in a great location. Tenants keep their home clean and presentable and pay their rent on time! It's December, the perfect time to invest. Book your showing and place your offers.
Location
State NJ
County Bergen
Area Wallington
Rooms
Basement Unfinished, Walk-Out
Interior
Heating A/C Window, Baseboard, Gas, Hot Water
Cooling A/C Window, Baseboard, Gas, Hot Water
Exterior
Exterior Feature Aluminum/Vinyl, Block
Parking Features 3+ Cars, Tandem-Shared
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Bought with LIBERTY REALTY LLC