Description
Incredible investment opportunity. Solid, Seven unit (Legal 7) and additional lot packaged together bringing cash flow and a delightful development scenario to savvy searchers. Together these parcels provide a 1/2 acre (parcel ID #164-024) of land with 6, 2 bedroom units and a prior finished basement unit (studded/shell now) Plenty of parking, 2 cars per unit and coin op laundry in basement provide for additional income 4 units will come vacant and the other 3 are tenant at will, with below market value rents. Gross income potential of $12,000+ With some minor updates. Lead certificates for each unit in hand. Close to public transport (Montello Commuter Rail stop) Elementary schools, Supermarkets, shops, parks, and easy high access.
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