502 Stuyvesant Ave. #504
Irvington, NJ 07111
EXCLUSIVE

Property

Ownership: Freehold
Type: Apartment Complex

Financials

Price:$1,300,000

6 Unit Multifamily Investment Property

Description

Investors, this is the opportunity you've been waiting for! This fully renovated 6-unit multifamily property is a true cash-flow generator and a standout addition to any real estate portfolio. The building features five spacious 1-bedroom units and one 2-bedroom unit, offering an ideal unit mix that attracts a wide tenant pool and supports strong, consistent rental income. Major improvements have already been completed for you! The property has been fully renovated, including a brand-new roof and a new asphalt driveway, significantly reducing deferred maintenance and capital expenses. This is a turnkey investment you can step into with confidence. Situated on a rare double lot, the property offers parking for up to 10 vehicles a tremendous advantage that increases tenant demand and long-term value. With solid income potential, major upgrades already done, and excellent on-site parking, this property checks all the boxes for investors looking to generate reliable cash flow. Must show POF or Pre-approval prior to showing.

Amenities

  • Back Yard
  • Basement
  • Driveway
  • Eat-in Kitchen
  • Investment Property

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.