MUST SCHEDULE A SHOWING AHEAD OF TIME DUE TO TENANTS
Updated Fully-Occupied Duplex – Grossing $4,200/month – Near Rowan University
Turnkey income property in the heart of Clayton, just minutes from Rowan University. Fully tenant-occupied with strong rental income: the 3-bedroom unit rents for $2,350, and the 2-bedroom unit rents for $1,850 — for a total of $4,200/month in gross rental income. Both tenants are reliable, pay on time, and are current on rent.
Significant updates since purchase in 2022:
• Drop ceilings removed and replaced with drywall for a cleaner, modern interior
• Two new boilers installed in 2023
• Sump pump added to basement
• Property in overall strong condition, with separate utilities and private entrances for each unit
• Washer/dryer hookups for both tenants in the basement with outside access
Each unit has its own private fenced backyard, access to driveway parking, and separate electric and gas meters. The upstairs unit also includes a walk-up attic for extra storage.
Currently listed for $420,000 FSBO — serious inquiries only. Whether you’re looking to add a performing asset to your portfolio or live in one unit while the other helps pay the mortgage, this is a solid investment opportunity.
For sale by owner
$420,000
125 W Clayton Ave, Clayton, NJ 08312
5beds
2,068sqft
Est.:
MultiFamily
Built in 1910
-- sqft lot
$-- Zestimate®
$203/sqft
$-- HOA
What's special
Modern interiorPrivate fenced backyard
- 19 days
- on Zillow |
- 639 |
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