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232 Stuyvesant Ave, Lyndhurst
Welcome to this amazing opportunity for an investment property in Lyndhurst! This mixed use building is equipped with two store front retail units & 3 residential apartments. (1) 1 bedroom apartment & (2) 2 bedroom apartments. This building has room for improvements with tons of potential. Enough space for 6 car parking. Furnaces 5 years old, Water heater 3-5 years old. Roof 10 years old. Back unit has updated kitchen and new flooring. Unfinished basement. Current rents for apartments: $1,608, $1,300 & $1,655. Store fronts current rent $950 & $700. All tenants signed for 60 day vacancy with new ownership. Insurance $2,522/ year. 5.5 % rental increase/ year & Vacancy decontrol 20% every 5 years.
- MLS® #1934393
- Type5+ Mixed Use
- Date ListedJuly 19th, 2019
- Address232 Stuyvesant Ave
- Zip Code07071
- RoofFLAT, ASPHALT
- Listing OfficeStar Real Estate Agency Llc
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rosa Agency, Inc are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 08/17/2019.
Source: New Jersey Multiple Listing Service, Inc.
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