143-149 Prospect Ave - Apartments FOR SALE


Irvington, NJ 07111
$1,750,000 USD
908-242-2892
143-149 Prospect Ave, Irvington, NJ for Sale
$1,750,000 USD
Apartments - FOR SALE
1/58
null | Request Cap Rate

143-149 Prospect Ave
Irvington, NJ 07111


OVERVIEW

Excellent investment opportunity near the Maplewood border. This solid 2-story, 8-unit building features 4 apartments on the first floor and 4 apartments on the second floor. Unit breakdown: Apts 1-3 have 2 bedrooms, Apt 4 has 1 bedroom, Apts 5-7 have 2 bedrooms, and Apt 8 is a studio. All apartments include an eat-in kitchen and a full bathroom.Property also offers an unfinished basement and a 2-car garage, with potential use as additional space. All utilities are separate, and owner pays for heating only. Current leases are scheduled to end by the end of the year, providing flexibility for new ownership. Convenient location close to transportation, shopping, and schools.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

8

PRICE/UNIT

$218,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,502 SF

ZONING

-

APN/PARCEL ID

09-00365-0000-00003

ASK ABOUT THIS PROPERTY

Michelle AguilarLim Bances RealtyMore Info
908-242-2892

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Michelle AguilarLim Bances RealtyMore Info
908-242-2892

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.