427 E Central Ave
Alpha Boro, NJ 08865
Price: $1,100,000
GSMLS: 3931051Type: Multi-Family
Style: See Remarks
Total Units: 4
Beds: 8
Baths: 5 Full
Garage: No
Year Built: 1880
Acres: 0.22
Property Tax: $10,329
Description
Discover An Exceptional Investment Opportunity With This Beautifully Newly 2024 Remodeled 5-unit Multi-family Apartment Building. Ideally Situated In Desirable Alpha Boro, This Apartment Building Features 3- 1 Bedroom, 1- 2 Bedroom And 1- 3 Bedroom Apartments. With Modern Upgrades Throughout, The Building Boasts A Brand New Roof, New Water Heaters, New Carpet And Lvp, Updated Baths, Fresh Paint And Contemporary Kitchens Complete With New Cabinets, Countertops, And Stainless-steel Appliances. The Exterior Shines With New Vinyl Siding, Shutters, And A Freshly Painted Block Facade. Enjoy The Benefits Of A Newly Installed Paver Patio And A Stone Off-street Parking Lot, Providing Ample Parking For Residents. Each Apartment Has Its Own Entrance, Ensuring Privacy And Independence. Separate Electric Meters Make For Easy Management. Utilize The Basement For Additional Storage Or Coin Laundry To Maximize Profits! This Turnkey Investment Property Is Ready For Market-rate Tenants, Offering A Hassle-free Opportunity To Capitalize On The Thriving Rental Market. Don't Miss Out On This Remarkable Property That Combines Modern Living With Exceptional Curb Appeal!
General Info
Style:
See Remarks
SqFt Building:
n/a
Total Rooms:
23
Basement:
Yes - Bilco-Style Door, Full, Unfinished
Interior:
Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Walk-In Closet
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
0.21 75X125
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Gravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
Spaces Available:
5
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
Baseboard - Electric
Heating Fuel:
Electric
Cooling:
Ceiling Fan
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Warren
Town:
Alpha Boro
Neighborhood:
Not in a Development
Financial Considerations
List Price:
$1,100,000
Tax Amount:
$10,329
Land Assessment:
$67,700
Build. Assessment:
$231,200
Total Assessment:
$298,900
Tax Rate:
3.46
Tax Year:
2023
Listing Information
MLS ID:
3931051
List Date:
10-24-2024
Days On Market:
8
Listing Broker:
KELLER WILLIAMS REAL ESTATE
Listing Agent:
Ashley Carrigan
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
