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Madison Boro,NJ 07940
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3948564
Style Fourplex
Bedrooms 9
Full Baths 4
Year Built 1929
Annual Tax Amount $11,450
Tax Year 2024
Lot Size 0.370 Acres
Property Description
Discover an exceptional investment opportunity in the heart of Madison! This well-maintained four-unit property offers a perfect blend of location, potential, and income generation. This property features four spacious units: three two-bedroom, one-bath units and one three-bedroom, one-bath unit. There is potential for value-added improvements to increase property value and rental income. It is fully rented, providing immediate cash flow. The property has a strong rental history with consistent occupancy rates. Off-street parking is available for tenants. Don't miss out on this fantastic investment opportunity in Madison!
Location
State NJ
County Morris
Rooms
Basement Bilco-Style Door, Unfinished
Interior
Interior Features Carbon Monoxide Detector, Smoke Detector
Heating Gas-Natural
Cooling Central,None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Fourplex
Others
Senior Community No