6 Unit Multifamily Investment Property


Property

Website:https://www.nestseekers.com/5307612
Address:
502 Stuyvesant Ave. #504
Irvington, NJ 07111
Ownership: Freehold
Type: Apartment Complex

Financials

Price:$1,300,000

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

Contact

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20 Bingham Ave - 1st floor

502 Stuyvesant Ave. #504, Irvington, NJ 07111, USA