$975,000

Springfield NJ 07081
Property photo number 1 of 16 Photos for Property. File  97955782_29_d8724aa0419cff9c45cb30d190647a42.jpeg

Overview

SUMMARY: Discover an opportunity with this Springfield house for sale and available for $975,000. This could be your next ideal home or a smart investment. More details await.
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
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Details

  • Beds: 8
  • Baths: 6
  • Price: $975,000
  • Area: 3,516 sqft

Location

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