545 Valley Brook Avenue, Lyndhurst, NJ

$3,125,000

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About 545 Valley Brook Avenue

The August is a fully renovated 8 unit, residential apartment building with an immense unfinished basement for storage rental. 4-2 bedrm units and 4-1 bedrm units. This gorgeous one story, 9,646 sf freestanding complex boasts 12 bedrooms, 11.5 bathrooms, laundry in units and all separate utilities. The parking lot consists of 11 spaces total including 1 handicap, 2 covered and 2 tandem in the driveway. There is additional guest parking for about 4 more vehicles tandem in the alley/driveway adjacent to the building. Other highlights include: front entry foyer with mail center, main lobby, rear foyer with half bath, access to parking and unfinished basement w/storage space rental. Each unit is equipped with forced hot, central air, individual water meters, granite counters, led lighting and hardwood and tile flooring throughout. Pet friendly community. Situated on a 76 x 181 lot. Yields a 6% cap rate with a net annual income of $188,300.

Features of 545 Valley Brook Avenue

MLS® # 22021915
Price $3,125,000
Type 5+ Mixed Use
Style OTHER
Status ACTIVE

Community Information

Address 545 Valley Brook Avenue
City Lyndhurst
County BERGEN
State NJ
Zip Code 07071

Amenities

Features MUNICIPAL WA

Exterior

Roof FLAT
Construction 1950'S

Additional Information

Date Listed June 15th, 2022

Listing Details

AgentGeorge Rosko
OfficeCoccia Realty Better Homes & Gardens/Lyndhurst
Phone(201) 218-0841
Emailg.rosko@att.net

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