Skip To Content

197 Macarthur Avenue

Sayreville, NJ 08872
  • $1,550,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: 2503254R
$1,550,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,500
    SQFT
  • $207
    $/SQFT
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

Description

Incredible Investment Opportunity in Sayreville! Discover a prime investment opportunity with this well-maintained five-family property in the heart of Sayreville. This multi-family gem is designed for maximum rental income and tenant satisfaction, featuring: Modern Infrastructure: Enjoy peace of mind with a roof that's only 2 years old. Each unit comes equipped with its own separate furnace, water heater, gas meter, electric meter, and water meter, ensuring independence and efficiency. Spacious Living: Each of the five units boasts 2 bedrooms and 1 full bathroom, complemented by a generous living room and kitchen area. Updated laminated flooring throughout adds a fresh, contemporary touch. Convenient Amenities: All units feature washer and dryer hookups, enhancing tenant convenience and comfort. Each unit also benefits from 2 dedicated parking spots. Prime Location: Ideally situated close to parks, shopping, restaurants, and commuter routes, this property offers unparalleled convenience for residents. Revenue Potential: This investment is tenant-occupied, with some units currently renting at up to 20% below market value, presenting an excellent opportunity to increase rental income and capitalize on potential growth. Don't miss out on this exceptional chance to create passive income with a property that combines modern features, strategic location, and significant investment potential. Act now and secure your future in real estate!

Monthly Payment Calculator



Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2024-10-12T00:02:58.567.
www.rowackrealestateteam.com/homes/154775079
Print Image

197 Macarthur Avenue Sayreville, NJ 08872

  • Price: $1,550,000
  • Status: Active
  • On Site: 35 Days
  • ID#: 2503254R
0
Beds
0
Baths
0
½ Baths
0.42
Acres
7,500
SQFT
$207
$/SQFT
1991
Built
County:
Middlesex
Area:
Sayreville
Property Description
Incredible Investment Opportunity in Sayreville! Discover a prime investment opportunity with this well-maintained five-family property in the heart of Sayreville. This multi-family gem is designed for maximum rental income and tenant satisfaction, featuring: Modern Infrastructure: Enjoy peace of mind with a roof that's only 2 years old. Each unit comes equipped with its own separate furnace, water heater, gas meter, electric meter, and water meter, ensuring independence and efficiency. Spacious Living: Each of the five units boasts 2 bedrooms and 1 full bathroom, complemented by a generous living room and kitchen area. Updated laminated flooring throughout adds a fresh, contemporary touch. Convenient Amenities: All units feature washer and dryer hookups, enhancing tenant convenience and comfort. Each unit also benefits from 2 dedicated parking spots. Prime Location: Ideally situated close to parks, shopping, restaurants, and commuter routes, this property offers unparalleled convenience for residents. Revenue Potential: This investment is tenant-occupied, with some units currently renting at up to 20% below market value, presenting an excellent opportunity to increase rental income and capitalize on potential growth. Don't miss out on this exceptional chance to create passive income with a property that combines modern features, strategic location, and significant investment potential. Act now and secure your future in real estate!
Exterior Features

Lot Features Dead - End Street Parking Features On SiteAssignedPaved Parking Total 10 Roof See RemarksComposition

Interior Features

Cooling Window Unit(s) Flooring Laminate Heating Forced Air Levels Two Stories Total 2

Property Features

Heating YN Yes Owner Pays Common Area MaintenanceSnow RemovalTaxesTrash Collection Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 18485 Tax Year 2023 Tenant Pays SewerElectricityGasWater Utilities Electricity ConnectedNatural Gas Connected Water Source Public Zoning R-7



Central Jersey MLS logo Listing courtesy of GOLDSTONE REALTY: .
Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2024-10-12T00:02:58.567.
 
https://bt-photos.global.ssl.fastly.net/middlesexnj/1280_boomver_1_2503254R-2.jpg https://bt-photos.global.ssl.fastly.net/middlesexnj/1280_boomver_1_2503254R-2.jpg https://bt-photos.global.ssl.fastly.net/middlesexnj/1280_boomver_1_2503254R-2.jpg
Logo
eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042