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$ 750,000
Est. payment | /mo
10 Beds
3 Baths
3,483 SqFt
$ 750,000
Est. payment | /mo
10 Beds
3 Baths
3,483 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,483 sqft
Price per Sqft $215
MLS Listing ID 4058000
Style 3-Three Story
Bedrooms 10
Full Baths 3
Year Built 1911
Annual Tax Amount $15,550
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Looking for a true cash cow? This three-unit investment in Irvington delivers two long-term tenants already in place and a fully remodeled vacant unit ready to rent at today's rates, or to call home yourself. 1174 Clinton Ave offers 13 rooms, 10 bedrooms, and 3 baths across approximately 3,450 square feet, built in 1911 and updated in 2018, on a 25 x 100 lot. Unit 1 is a three bedroom, one bath apartment with a tenant in place since 2020. Unit 2 is a four bedroom, one bath with a tenant in place since 2017, the kind of stability investors look for. Unit 3 is a three bedroom, one bath that has been completely remodeled and is vacant, so you can set the rent and start collecting right away, or move in and let the other two units help carry the property. Every apartment has its own gas heat, a refrigerator, and a gas range and oven, and tenants pay their own utilities, which keeps operating costs simple and management easy. Three separate apartments under one roof give you diversified income from a single address. The unfinished basement adds storage and room to grow. Outside, you will find low maintenance vinyl siding and an asphalt shingle roof, along with public water and sewer. Tucked just off Cummings Street, this is a rare find for investors and owner occupants alike. Strong income, simple expenses, and a vacant unit ready to go. Opportunities like this do not last, so call today.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Garage No
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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