Description
Investor Alert! Income-Producing Colonial with Long-Term Tenant in Place! This well-kept three-bedroom colonial is a turnkey investment opportunity, currently rented to a long-time tenant who treats the property like their own and generates a solid $27,000 in annual income. The lease runs through October 31, 2026, with an option to renew, offering stability and immediate returns. The driveway is accessed through Harrison St to the rear of the house. The driveway is accessed through Harrison St to rear of house. The home features a large fenced backyard, perfect for future enhancements, and an unfinished basement brimming with potential. Located near major employment centers and mass transportation, this property is ideally situated for continued rental success. Whether you're expanding your portfolio or seeking a low-maintenance asset, this is a smart, income-generating addition ready for its next owner.
-
3BEDS
-
0.04ACRES
-
1BATHS
-
01/2 BATHS
School Information
Description
Investor Alert! Income-Producing Colonial with Long-Term Tenant in Place! This well-kept three-bedroom colonial is a turnkey investment opportunity, currently rented to a long-time tenant who treats the property like their own and generates a solid $27,000 in annual income. The lease runs through October 31, 2026, with an option to renew, offering stability and immediate returns. The driveway is accessed through Harrison St to the rear of the house. The driveway is accessed through Harrison St to rear of house. The home features a large fenced backyard, perfect for future enhancements, and an unfinished basement brimming with potential. Located near major employment centers and mass transportation, this property is ideally situated for continued rental success. Whether you're expanding your portfolio or seeking a low-maintenance asset, this is a smart, income-generating addition ready for its next owner.
Related Properties
© 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Data last updated 2025-12-05T09:48:48.557.