Riverside, NJ 08075,526 S FAIRVIEW ST
Riverside, NJ 08075,526 S FAIRVIEW ST
Riverside, NJ 08075,526 S FAIRVIEW ST
Riverside, NJ 08075,526 S FAIRVIEW ST
Riverside, NJ 08075,526 S FAIRVIEW ST
Riverside, NJ 08075,526 S FAIRVIEW ST
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$325,000

$325,000

Est.Price: ?

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Est. payment /mo

2,366 SqFt


SOLD DATE : 07/14/2021

Key Details

Sold Price $325,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,366 sqft

Price per Sqft $137

Subdivision Fairmount

MLS Listing ID NJBL392920

Sold Date 07/14/21

Style Victorian

HOA Y/N N

Abv Grd Liv Area 2,366

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $7,776

Tax Year 2020

Lot Size 0.275 Acres

Acres 0.28

Lot Dimensions 96.00 x 125.00

Property Description

10+% cap rate! Rare & lucrative opportunity! Turn key 3 unit fully rented Triplex with large driveway & oversized 1 car garage! Current property combined rent is $3150 per month! $1525 + $900 + $725 = $3150.00. Almost unlimited possibilities for future occupancy options. Continue to rent all 3 units, live in one unit & rent the remaining 2, multi generational family living under one roof. The choice is yours how to utilize this versatile, flexible, profitable property! Unit C 1st floor $1525 per month 3 bed/1 bath with large living room, generous kitchen, dining room area, rear deck & use of spacious backyard & basement! Unit A 2nd & 3rd floor $900 per month. 1 bed/1 bath with modern kitchen with granite countertops & tile backsplash, stainless steel appliances, cozy living room & very large finished attic that could easily be used as a home office, abundant storage space, private front porch! Unit B $725 per month 1st floor efficiency 1 bed/1 bath with living main living area, kitchen & front porch! Multiple Roofs Replaced in 2018! Oversized driveway with parking for 5 cars! Oversized 1 car garage can be rented separately for additional $150.00 income or tenants monthly rent can be increased for garage storage to increase already lucrative monthly income! This turnkey 3 unit fully rented Triplex with 5+ car driveway & oversized 1 car garage is a rare & lucrative opportunity with profitability and occupancy options deserves a reservation at the top of your must see list!

Location

State NJ

County Burlington

Area Riverside Twp (20330)

Zoning RES

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water, Radiator, Baseboard - Electric

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Riverside Township Public Schools

Others

Tax ID 30-02203-00014

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Catherine A Boytos • RE/MAX Properties - Newtown
Bought with Jerome J. Washington • Neighborhood Assistance Corp. of America (NACA)
agent-avatar

+1(856) 313-6150

sona_seth@hotmail.com

204 Creek Road, Laurel, NJ, 08054

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