Gross rental income is $56,400 with a 8% cap rate! Look no further for your next home or investment property! This 2 family property in Bloomfield has a 1 bed/1 bath unit on the first floor, 2 bed/1 bath unit on the second floor, and a detached 2 car garage. You could also live in one apartment and use the other for rental income. There are separate gas and electric meters for the apartments. The heat/hot water are shared with separate thermostats (2nd floor pays) and the landlord pays the water bill. The basement has a shared washer/dryer and all utilities. The two car detached garage is approximately 550 ft with high ceilings and includes usage of the 1/2 bath in the basement. The second floor 2 bedroom apartment is vacant. Schedule your private tour today before it's too late!
| MLS # | 4019382 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 164 |
| Listing Provided By | KELLER WILLIAMS VALLEY REALTY | MICHAEL GUARRIELLO |
| Bath(s) | 2 Total |
|---|---|
| Garage | 2 |
| Basement | Y |
| Property | 9050 |
|---|
| State | NJ |
|---|---|
| County | Essex |
| City | Bloomfield Twp. |
| Zip Code | 07003 |
| Area | Essex |
| Listing VS Median (in 07003) | |
Price: $525,000 low | high Med: $484,500 On site: 164 low | high Med: 38 | |
| State | NJ |
|---|---|
| County | Essex |
| City | Bloomfield Twp. |
| Zip Code | 07003 |
| Area | Essex |
| Listing VS Median (in 07003) | |
Price: $525,000 low | high Med: $484,500 On site: 164 low | high Med: 38 | |