6 Bed / 2.1 Bath Multi-Family Home with 2 Units in Somerville Boro, New Jersey

Caption

Premier Somerville location! Investor dream property! Immediate positive cash flow. Building, systems & appliances in great shape! Nothing to do except make deposits! Reasonable offers considered

Property Information

  • List Price: $419,000
  • Number of Units: 2
  • Unit Style: 2-Two Story,Duplex-Side by Side
  • Total Rooms: 12
  • Total Bedrooms: 6
  • Total Baths: 2
  • Acres: 0.18
  • Approximate Lot Size: 49X162
  • Year Bult: 1927 / Approximate
  • Zoning:
  • Basement: Yes
  • Basement Description: Full,Walkout
  • Taxes: $8,889
  • Flood Zone:
  • Flood Insurance:
  • Easement:
  • Easement Description:
  • Warranty: No

Financial & Utility Information

  • Operating Expenses: $ 28,284
  • Included Expenses: Maintenance,Cold Water,Garbage Collection,Taxes
  • Gross Oper. Income: $ 37,800
  • Net Operating Income: $ 9,516
  • Possession: at closing
  • Building Assessment: $ 105,900
  • Land Assessment: $ 62,900
  • Total Assessment: $ 168,800
  • Fuel Type: Gas-Natural,See Remarks
  • Heat Source: Gas-Natural,See Remarks
  • Heat System: Radiators - Steam,2 Units,See Remarks,Forced Hot Air
  • Cooling: Window A/C(s)
  • Utilities: Electric,Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Sewer: Public Sewer
  • Services: Cable TV,Garbage Included

Unit 1 Information

  • Unit 1 Bedrooms: 4
  • Unit 1 Rooms: 7
  • Unit 1 Level: 2
  • Unit 1 Square Footage: 1,492
  • Unit 1 Handicap: No
  • Unit 1 Fireplaces: 0
  • Unit 1 Lease Expires: 0000-00-00
  • Unit 1 Rent: $ 1,900
  • Unit 1 Security Deposit: $ 2,850
  • Unit 1 Utility Payments: Tenant Pays Electric,Tenant Pays Gas,Owner Pays Water

Unit 2 Information

  • Unit 2 Bedrooms: 2
  • Unit 2 Rooms: 5
  • Unit 2 Level: 2
  • Unit 2 Square Footage: 896
  • Unit 2 Handicap: No
  • Unit 2 Fireplaces: 0
  • Unit 2 Lease Expires: 0000-00-00
  • Unit 2 Rent: $ 1,300
  • Unit 2 Security Deposit: $ 1,950
  • Unit 2 Utility Payments: Tenant Pays Electric,Tenant Pays Gas,Owner Pays Water