For sale by owner
  • $420,000

    125 W Clayton Ave, Clayton, NJ 08312

    5beds
    2,068sqft
    : 
    MultiFamily
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $203/sqft
    $-- HOA

    What's special

    Modern interiorPrivate fenced backyard
    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.
    19 days
    on Zillow
    |
    639
    |
    29
    |
    • Loading