$650,000
Pending

1077 Arlington Ave

Plainfield City, NJ 07060
Browse 25 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Investor Alert! 1077 Arlington Ave is a legal two-family home featuring 7 bedrooms and 4 full bathrooms. Fully rented with below-market leases, this property presents an excellent opportunity to increase rental income. Each unit maintains separate utilities, with common area expenses covered by the landlord. Additional features include a full basement and a driveway accommodating over 7 cars. Conveniently located near schools, shopping centers, grocery stores, and public transportation. The property requires some TLC, offering the potential to add value through renovations. Sold strictly AS-IS; buyer responsible for Certificate of Occupancy and city certifications. Don't miss this high-potential investment! Tenants are month to month.

  • Property Details
      • Heating4+ Units, Baseboard - Electric, Radiators - Steam
      • Parking Features1 Car Width, Additional Parking, Blacktop
      • Utility FeaturesElectric, Gas-Natural
      • ServicesCable TV, Fiber Optic
      • RoofAsphalt Shingle
      • Basement DescriptionFull, Walkout
      • Water HeaterElectric, Gas
      • Exterior MaterialsVinyl Siding
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • WaterPublic Water
      • Heating SourceGas-Natural
      • MLS #3950065
      • MLS #3950065
      • Cost650000
      • Exterior FeaturesDeck
      • Year Built1892
      • BasementYes
      • Property SubtypeMUL
      • Bedrooms7
      • Structure Type2

Location

Julio GallardoReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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