
Description
Your search ends here. This large renovated three unit property is located under 40 mins from NYC and a short ride to Newark's Ironbound district. The property is perfect for an owner occupant, house hacker or absentee owner. Each of the three spacious units are renovated open concept style, featuring five bedrooms and one bath, high ceilings, new kitchens and flooring. In addition the property features a fully finished walk out basement with two rooms summer kitchen and a full bath. The building will be delivered with one occupant and endless opportunities for cashflow. PROJECTED FINANCIALS: GROSS INCOME $106,800, 2.15% DSCR, 27.6%, 12.9% CAP RATE. **PROPERTY QUALIFIES FOR SEVERAL GRANT AND DOWN PAYMENT ASSISTANCE PROGRAMS (ASK YOUR LENDER FOR DETAILS)**SELLER CONCESSIONS OK**
School Ratings & Info
Description
Your search ends here. This large renovated three unit property is located under 40 mins from NYC and a short ride to Newark's Ironbound district. The property is perfect for an owner occupant, house hacker or absentee owner. Each of the three spacious units are renovated open concept style, featuring five bedrooms and one bath, high ceilings, new kitchens and flooring. In addition the property features a fully finished walk out basement with two rooms summer kitchen and a full bath. The building will be delivered with one occupant and endless opportunities for cashflow. PROJECTED FINANCIALS: GROSS INCOME $106,800, 2.15% DSCR, 27.6%, 12.9% CAP RATE. **PROPERTY QUALIFIES FOR SEVERAL GRANT AND DOWN PAYMENT ASSISTANCE PROGRAMS (ASK YOUR LENDER FOR DETAILS)**SELLER CONCESSIONS OK**
