2-Unit Deal *

The buyer will pay a $10K commission for this deal.

Just steps from Thomas Edison State University, this well-maintained, income-producing two-family property is ideal for a buy-and-hold investor seeking both immediate returns and long-term upside.

Property Features:

• Unit 1 (First Floor): 2-bed, 1-bath apartment, tenant-occupied at $900/month under lease until October 2025.
• Unit 2 (Second & Third Floors): 3-bed, 1-bath apartment, vacant and rent-ready, offering excellent value-add potential. Strong Income Potential: With minimal updates, this property is projected to generate $4,000+/month in gross rents once fully optimized — an outstanding return in a high-demand rental market.
• Brick masonry construction with stucco-like cement rear
• Updated kitchens (~5 years ago) & bathrooms (~6–7 years ago)
• Hardwood floors in bedrooms and living areas
• Separate heating systems: two furnaces (newer one ~2 years old)
• Two hot water tanks (~5 years old)
• Upgraded electrical (mostly copper; modern 3-prong outlets)
• Mix of vinyl and well-maintained wood windows
• City water & sewer
• Small backyard; unfinished basement for storage Roof: Bi-level, approx. 10 years old, in excellent condition
• Cooling: Window AC units