South River, NJ 08882,3-5 McPherson ST

$720,000

Est. payment /mo

$649,000

10.9%
Est.Price: ?

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3-5 McPherson ST South River, NJ 08882

3,036 SqFt

SOLD DATE : 01/09/2024

Key Details

Sold Price $720,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,036 sqft

Price per Sqft $237

Subdivision Michael Jelin Lands

MLS Listing ID 2404852R

Year Built 1945

Annual Tax Amount $9,571

Tax Year 2022

Lot Size 5,000 Sqft

Property Sub-Type 4 Family

Property Description

Remarkable investment opportunity! Well-maintained 4-family, located in a commuter's delight! Rents are currently well below fair-market value; with a rental adjustment to current values there would be a substantial increase to net income! All 4 units are rented, and none have been vacant in over a decade! Don't miss out on this rare opportunity to own a trouble free, income-generating property! * $15,000 annual expenses include property taxes!

Location

State NJ

County Middlesex

Interior

Heating Forced Air

Cooling A/C Window Unit(s)

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Building

Lot Description Near Shopping, Near Train, Level

Story 2

Sewer Public Sewer

Water Public

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Central Jersey MLS (CJMLS)
Listed by NEW JERSEY REALTY, LLC.
agent

Robert Dombrowsky

Broker/Sales Representative | License ID: 8440933

+1(201) 248-1064

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