BEDS10
BATHS5 full
MLS#4011783
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUpper Irvington
Property Description
Rare opportunity to acquire a uniquely configured multi-income property in Upper Irvington. Currently set up with FIVE separate living spaces, offering flexibility for investors, house hackers, or buyers looking to have separate guest quarters. The main building features: Two 3-bedroom, 1-bathroom full apartments (One currently occupied & one delivered vacant) In addition, the property includes three additional income-producing spaces: A 2-bedroom, 1-bathroom full lower level apartment and a private single-room suite with its own bathroom and kitchenette. Also, a converted studio apartment in the rear of the property. Every unit and space includes its own washer and dryer, a revenue generating amenity that supports strong rental appeal and premium pricing. With only one unit currently occupied, the next owner has the opportunity to reposition rents to market value, continue or expand short-term rental use, house hack and live in one unit while collecting income. This is not a cookie-cutter multi-family! It's a flexible income property designed for someone who understands how to maximize cash flow. Strong rental demand area with convenient access to transportation, shopping, and major routes.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full, Walkout
Basement: Yes
Cooling: 2 Units
Fuel Type: Gas-Natural
Heating: 2 Units, Forced Hot Air
Lot Size: 0.14 Acres
Roof Type: Composition Shingle
Taxes: $15,312
Year Built: 1921
Amenities
Barbeque
Metal Fence
Storage Shed
Feature Descriptions
Days on Site: 3
Driveway: Driveway-Exclusive, Off-Street Parking
Exterior: Stone, Vinyl Siding
Lot Dimensions: 0.14 acre(s)
Outbuilding(s): Yes
Sewer: Public Sewer
Utilities: All Underground
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 516.330.6536
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,100.99 per month $1,613.54 Principal & Interest $1,276.00 Property Tax $211.46 Homeowner's InsuranceChange Payment Information
197 Park Pl | MLS# 4011783
This multi-family property located at 197 Park Pl, Irvington, NJ 07111 is currently listed for sale with an asking price of $725,000. Search Irvington real estate on www.realtymarkllc.com today.