$1,550,000
Pending

197 Macarthur Avenue

Sayreville, NJ 08872
10 beds | 5 baths | 0.42 acres | #22425777
Browse 10 photos
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

Incredible Investment Opportunity in Sayreville! Discover a prime investment opportunity with this well-maintained five-family property in the heart of Sayreville. This multi-family gem is designed for maximum rental income and tenant satisfaction, featuring:
Modern Infrastructure: Enjoy peace of mind with a roof that's only 2 years old. Each unit comes equipped with its own separate furnace, water heater, gas meter, electric meter, and water meter, ensuring independence and efficiency.
Spacious Living: Each of the five units boasts 2 bedrooms and 1 full bathroom, complemented by a generous living room and kitchen area. Updated laminated flooring throughout adds a fresh, contemporary touch.
Convenient Amenities: All units feature washer and dryer hookups, enhancing tenant convenience and comfort. Each unit also benefits from 2 dedicated parking spots.
Prime Location: Ideally situated close to parks, shopping, restaurants, and commuter routes, this property offers unparalleled convenience for residents.
Revenue Potential: This investment is tenant-occupied, with some units currently renting at up to 20% below market value, presenting an excellent opportunity to increase rental income and capitalize on potential growth.
Don't miss out on this exceptional chance to create passive income with a property that combines modern features, strategic location, and significant investment potential. Act now and secure your future in real estate!

  • Interior Details
      • Cooling FeaturesMulti Units
      • Cooling1
    • Beds & Baths
      • Bedrooms10
      • Bathrooms5
      • Full Baths5
  • Property Details
      • Acres0.42
    • Parking
      • Parking FeaturesAssigned
      • Parking Spaces10
  • Construction Details
      • Property TypeMulti-Family
      • BasementSlab
    • Condition
      • Year Built1991
    • Material information
      • RoofShingle
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • ZoningResidential, Multi-Family
      • High SchoolSayreville War
      • Middle SchoolSayreville
      • CountyMiddlesex
      • Elementary SchoolWilson
  • Other
      • MLS #22425777

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© Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: MONMOUTH

Listing Courtesy
Listing Agent: Dominick Ali Jr. (#45360)
Listing Office: Goldstone Realty (#4535)

John MikhailReal Estate Group
$
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Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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    © Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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