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$ 975,000
Est. payment /mo
Under Contract
49-51 Caldwell Pl Springfield Twp., NJ 07081
4,657 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,657 sqft
Price per Sqft $209
MLS Listing ID 4003458
Year Built 1934
Annual Tax Amount $21,344
Tax Year 2024
Lot Size 10,018 Sqft
Property Description
MULTIPLE OFFERS - DEADLINE FOR OFFERS IS TUESDAY 1/13 AT NOON opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection plus a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room (office/walk in closet), kitchen and bath. The single-family home offers flexibility, perfect for an owner-occupant, or long-term tenant. New flooring in some rooms and basement, updated electric. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Whether you're looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, and commuter routes to NYC - Opportunities like this don't come along often " five units, one property, and endless potential. 4 units are occupied with long term tenants, now month to month and rent controlled. Home is NOT under rent control -Separate utilities for all - natural gas, 1 newer apt furnace - some updated windows. Owner pays water/sewer for apts only. Selling as-is. Buyer to get town inspections. Flood insurance may be required.
Location
State NJ
County Union
Zoning S60
Rooms
Basement Bilco-Style Door, Full, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling No Cool
Equipment Appliances, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum, Brick
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by WEICHERT REALTORS