Courtesy: WEICHERT REALTORS
908-735-8140
Now is your chance! Rare investment opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection PLUS a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room - office/walk in closet, kitchen and bath. The single-family home offers additional flexibility " perfect for an owner-occupant, or long-term tenant. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Situated on a single parcel, management is streamlined with one location to maintain. Whether you're looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, tenants will enjoy easy access to everyday needs while you benefit from consistent demand. 5 units, one property, and endless potential. 4 units are occupied - month to month, no leases, rent controlled. Home is not under rent control - needs tlc but has great potential. Separated utilities - natural gas, updated windows. Owner pays water/sewer.AS-IS buyer to obtain town inspections. Info is to best of owners knowledge. Also listed under commercial
Springfield is located in New Jersey. Springfield, New Jersey has a population of 3,248. Springfield is more family-centric than the surrounding county with 34.55% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Springfield, New Jersey is $126,997. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Springfield is 45.6 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.3 inches per year, with 15.5 inches of snow per year.
