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123 Larch Street

Port Reading, NJ 07064
  • $575,000
  • STATUS: Under Contract
  • ON SITE: 46 Days
  • MLS #: 2311188R
Under Contract
UPDATED: 126 min ago
$575,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1916
County:
Area:

School Ratings & Info

Description

Rare Investment Opportunity! 3 Family home, getting $5k Rent per month on time. Last unit's lease ends in October 2023. This 6 Bedroom colonial home is great for a fully stand-alone investment property or an owner-occupied homestead with substantial rental income. Second Floor unit is spread over two levels, including three rooms on the first level that can be used as bedrooms, living or dining areas, and a full bathroom and kitchen/dining room. The second level boasts two rooms that can be used as additional bedrooms or living space. First Floor unit features one-bedroom, full bathroom, kitchen, dining room, living room, and an office or sunroom, all with high-end wood interiors and upgraded bathroom. Basement unit offers a studio room, full bathroom, and access to a laundry room/kitchenette. Basement is accessible via a side or front door through the main foyer. Other features include electronic entry, open-air front porch, common entry foyer, 2 car driveway, 1-car breezeway/carport, garage at the rear of the property, a shed, garden area and eased solar. Low maintenance, average maintenance is $500/ month. Basement lease ends in April 23, First floor in September23 and second floor in October 23. If desired, the buyer will have the option to retain the current, highly responsive property management company

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Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2023, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2023-06-06T00:08:04.49.
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123 Larch Street Port Reading, NJ 07064

  • Price: $575,000
  • Status: Under Contract
  • On Site: 46 Days
  • Updated: 126 min ago
  • MLS #: 2311188R
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1916
Built
County:
Middlesex
Area:
Port Reading
Property Description
Rare Investment Opportunity! 3 Family home, getting $5k Rent per month on time. Last unit's lease ends in October 2023. This 6 Bedroom colonial home is great for a fully stand-alone investment property or an owner-occupied homestead with substantial rental income. Second Floor unit is spread over two levels, including three rooms on the first level that can be used as bedrooms, living or dining areas, and a full bathroom and kitchen/dining room. The second level boasts two rooms that can be used as additional bedrooms or living space. First Floor unit features one-bedroom, full bathroom, kitchen, dining room, living room, and an office or sunroom, all with high-end wood interiors and upgraded bathroom. Basement unit offers a studio room, full bathroom, and access to a laundry room/kitchenette. Basement is accessible via a side or front door through the main foyer. Other features include electronic entry, open-air front porch, common entry foyer, 2 car driveway, 1-car breezeway/carport, garage at the rear of the property, a shed, garden area and eased solar. Low maintenance, average maintenance is $500/ month. Basement lease ends in April 23, First floor in September23 and second floor in October 23. If desired, the buyer will have the option to retain the current, highly responsive property management company
Exterior Features

Carport Spaces 0 Covered Spaces 0 Exterior Features BarbecuePrivate Entrance Fencing Fencing/Wall Lot Features Near ShoppingNear TrainLevelNear Public Transit Other Structures Shed(S) Parking Features Attached Carport3-4 Car Parking Patio And Porch Features PatioPorch Roof Asphalt

Interior Features

Appliances Water Heater(Gas)Water HeaterUnit 1(Range/Oven)Unit 2(Range/OvenRefrigerator)Unit 3(Refrigerator) Basement FullFinishedBath FullBedroomExterior EntryInterior EntryUtility Room Building Area Total 0 Cooling A/C Central - AllUnit 1(A/C Central) Flooring Unit 1 CarpetUnit 2 CarpetUnit 3 Carpet Heating Forced Air Interior Features Unit 1(3 BedroomsKitchen1 Bath)Unit 2(Dining Room2 BedroomsKitchen1 BathLiving RoomDen/Family Room)Unit 3(1 Bedroom1 Bath) Stories Total 2 Window Features Screen/Storm Window

Property Features

Carport YN Yes Garage YN No Gas Natural Gas Green Energy Generation Solar Heating YN Yes Lease Term Unit 1(Month-Month) Owner Pays Unit 1 Owner Pays(Water)Unit 2 Owner Pays(Water)Unit 3 Owner Pays(Water) Ownership Fee Simple Property Sub Type 3 Family Sewer Public Sewer Tax Annual Amount 10950 Tax Year 2022 Utilities Electricity ConnectedNatural Gas Connected Water Source Public Zoning R-6



Central Jersey MLS logo Listing courtesy of Guaranteed Sale: .
Copyright 2023, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2023, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2023-06-06T00:08:04.49.
 
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eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042