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$489,000
Est. payment /mo
4 Beds
2 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3973812
Style 2-Two Story, Under/Over
Bedrooms 4
Full Baths 2
Year Built 1867
Annual Tax Amount $11,967
Tax Year 2024
Lot Size 3,920 Sqft
Property Description
Welcome to 70 Welland Avenue, a versatile two-family property in the heart of Irvington that offers endless possibilities for investors and homeowners alike. Each spacious unit features 2 comfortable bedrooms, a full bath, a bright living room, and a large eat-in kitchen perfect for casual dining. The full basement provides even more flexibility, complete with a bathroom, a half kitchenette (no stove), washer/ dryer and a private entrance ideal for storage, recreation, or potential future use. Unit 2 is VACANT. Unit 1 is currently occupied and will be delivered vacant. Projected gross rental income $39k-$46k year based on local comparables. Whether you're searching for a home with supplemental income or looking to expand your investment portfolio, this property is a fantastic opportunity. Property is being sold strictly as-is. Buyer is responsible for obtaining the certificate of occupancy. Don't miss your chance to own this income-producing gem in a conveniently located neighborhood close to shopping, schools, and transportation!
Location
State NJ
County Essex
Rooms
Basement Finished, Walkout
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Heating Electric
Cooling Window A/C(s)
Heat Source Electric
Exterior
Exterior Feature Aluminum Siding, Brick
Utilities Available Electric, Gas In Street
Roof Type Asphalt Shingle, Rubberized
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story, Under/Over
Others
Senior Community No
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Listed by ELLIS REALTY GROUP
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