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Off market
  • $511,500

    38 Center St, Highlands, NJ 07732

    6beds
    1,700sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $301/sqft
    $3,314 Estimated rent

    What's special

    SOLD JUNE 9 2021 NO MORE INQUIRIES PLEASE Easy income! gross $6,050/mo. Charming beach-style complex with solid financial return. Needs nothing; Stable, amazing tenants. Shows well, all new mechanical upgrades. All tenants excellent, current, never lates. Great outdoor spaces, private patios, on site free laundry. Owner pays all utils which total $625/mo. 1-, 2 bd/1ba, 3- Studios/kit &ba, 1 "rooming unit" (Studio but without full kitchen) - This may appraise as a "4 family" unit to meet FHA guidelines, since the 5th unit has no kitchen (but still rents very nicely!). ROI between 7-10% depending on purchase choices.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Gas
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 1,700 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Other, Vinyl
    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: 1900049000000016

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas, Tankless

    Community & neighborhood

    Location
    • Region: Highlands

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Appliances: Dishwasher, Refrigerator, Water Heater, Dryer, Washer, Gas Stove
    • AssociationYN: true
    • HeatingYN: true
    • CoolingYN: true
    • Heating: Natural Gas, Radiator, 3+ Zoned Heat
    • Exclusions: Personal Property
    • Basement: Crawl Space
    • NumberOfUnitsTotal: 4.0000
    • FireplacesTotal: 0.00
    • RoomBasementFeatures: Crawl Space
    • Utilities: Natural Gas, Tankless
    • Cooling: AC Units
    • NumberOfUnitsInCommunity: 4.0000
    • MlsStatus: Active
    • TaxAnnualAmount: 4870.00
    Services availability
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