$1,100,000
For Sale

427 E Central Ave

Alpha, NJ 08865
Browse 83 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Discover an EXCEPTIONAL INVESTMENT OPPORTUNITY with this Beautifully Newly 2024 REMODELED 5-unit MULTI-FAMILY APARTMENT BUILDING. Ideally situated in DESIRABLE Alpha Boro, this apartment building features 3- 1 Bedroom, 1- 2 Bedroom and 1- 3 Bedroom apartments. With Modern Upgrades throughout, the building boasts a BRAND NEW ROOF, NEW WATER HEATERS, NEW carpet and LVP, updated baths, FRESH PAINT and contemporary kitchens complete with NEW CABINETS, COUNTERTOPS, and STAINLESS-STEEL APPLIANCES. The exterior shines with NEW VINYL SIDING, shutters, and a freshly painted block facade. Enjoy the benefits of a newly installed PAVER PATIO and a stone off-street PARKING LOT, providing ample parking for residents. Each apartment has its OWN ENTRANCE, ensuring privacy and independence. Separate electric meters make for easy management. Utilize the basement for additional storage or coin laundry to maximize profits! This TURNKEY investment property is ready for market-rate tenants, offering a hassle-free opportunity to capitalize on the thriving rental market. Don't miss out on this remarkable property that combines modern living with exceptional curb appeal!

  • Interior Details
      • InteriorCarbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Walk-In Closet
    • Heating & Cooling
      • HeatingBaseboard - Electric
      • Heating SourceElectric
    • Beds & Baths
      • Bedrooms8
  • Property Details
      • Exterior FeaturesCurbs, Patio, Sidewalk
      • Exterior MaterialsVinyl Siding
    • Parking
      • Parking FeaturesGravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
  • Construction Details
      • Basement DescriptionBilco-Style Door, Full, Unfinished
      • Property TypeMulti-Family
      • BasementYes
    • Condition
      • Year Built1880
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • WaterPublic Water
      • Utility FeaturesElectric
      • Water HeaterElectric
  • Community and Neighborhood Details
      • SubdivisionNot in a Development
  • Other
      • MLS #3931051

Location

John MikhailReal Estate Group
$
years

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.

Estimated Monthly Payment
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Loan Amount
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