545 Valley Brook Avenue, Lyndhurst, NJ

$2,850,000

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12

Beds

12

Baths

About 545 Valley Brook Avenue

8 UNIT APARTMENT BUILDING! The August is a fully renovated 8 unit, residential apartment building with $20,000 a month gross income. Includes an immense unfinished basement storage rental. 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 6.6% cap rate with a net annual income of $188,300

Features of 545 Valley Brook Avenue

MLS® # 22030183
Price $2,850,000
Bedrooms 12
Bathrooms 12.00
Full Baths 11
Half Baths 1
Type 2-4 Family
Sub-Type 4FAM
Style OTHER
Status ACTIVE

Community Information

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

Amenities

Amenities CLOSE/SCHOOL, CLOSE/SHOPG, CLOSE/TRANS, CLOSE/WRSHP, ONE FLOOR LIVING
Utilities SEP ELEC, SEP GAS, SEP HEAT, SEP WATER
Features NONE, INTERCOM
Garages CARPORT, O/SEE REMK, PARK SPACE, TANDEM
View NONE
Is Waterfront Yes
Waterfront NONE
Has Pool No

Interior

Heating GAS, HOT AIR
Fireplace Yes
Fireplaces NONE
Has Basement Yes
Basement UNFINISHED

Exterior

Exterior BRICK
Lot Description REGULAR
Construction 1950'S, RENOVATED

Additional Information

Date Listed August 12th, 2022
Foreclosure No
RE / Bank Owned No

Listing Details

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

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