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151 Fairview Ave

Somerville Boro, NJ 08876
  • $1,300,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 3929100
$1,300,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,080
    SQFT
  • $422
    $/SQFT
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Amazing 8 Unit Apartment house in walking distance to down town Somerville! Beautifully maintained the building consists of 6 studio apartments with Kitchen area and full bath, a one bedroom and a 2 bedroom apartment. 7 of the 8 units have been renovated. . 100% Occupied. Owner looking for serious investors only, requesting POF prior to making an appointment and disturbing all the tenants. Some A/C units are owned by tenants

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Garden State MLS logo © 2024 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 LLC. 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 LLC 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 2024-11-03T23:46:29.537.
www.rowackrealestateteam.com/homes/156681042
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151 Fairview Ave Somerville Boro, NJ 08876

  • Price: $1,300,000
  • Status: Active
  • On Site: 22 Days
  • ID#: 3929100
0
Beds
0
Baths
0
½ Baths
0.23
Acres
3,080
SQFT
$422
$/SQFT
1920
Built
County:
Somerset
Area:
Somerville Boro
Property Description
Amazing 8 Unit Apartment house in walking distance to down town Somerville! Beautifully maintained the building consists of 6 studio apartments with Kitchen area and full bath, a one bedroom and a 2 bedroom apartment. 7 of the 8 units have been renovated. . 100% Occupied. Owner looking for serious investors only, requesting POF prior to making an appointment and disturbing all the tenants. Some A/C units are owned by tenants
Exterior Features

Approximate Lot Size 50X200 Construction Wood Exterior Description Aluminum Location Residential Area Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Parking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Full Cooling Wall A/C Unit(s)Window A/C(s) Equipment Available AppliancesKitchen Area Floors CarpetingTileWood Heating Radiators - Steam Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 0 Office Sq Ft 0

Property Features

Building Number 151 Expenses Include Gas/OilInsuranceTaxesTrashWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 130800 Monthly Maintenance Fee 0 Net Operating Income 93893 Permitted Use Mult family Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 151 Tax Amount 16289 Tax Rate Amount 3.862 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 36906 Utilities ElectricGas-Natural Utilities Paid By Landlord Water Public Water Year Built Description Approximate Zoning comercial

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Towne Square Real: 908-766-0085.


Garden State MLS logo © 2024 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 LLC. 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 LLC 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 2024-11-03T23:46:29.537.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042