$1,550,000
Pending

197 Macarthur Avenue

Sayreville, NJ 08872
10 beds | 5 baths | 0.42 acres | #22425777
Browse 10 photos
Type:Multi-Family
Structure:5+ Family
Zone:Residential

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!

  • Property Details
      • ZoningResidential, Multi-Family
      • High SchoolSayreville War
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Cooling FeaturesMulti Units
      • Property SubtypeFive Family
      • Middle SchoolSayreville
      • CountyMiddlesex
      • Parking FeaturesAssigned
      • MLS #22425777
      • MLS #22425777
      • RoofShingle
      • Cost1550000
      • Utility SourcePublic
      • Elementary SchoolWilson
      • Acres0.42
      • BasementSlab
      • Year Built1991
      • Bedrooms10
      • Parking Spaces10
      • Cooling1
      • Bathrooms5
      • Full Baths5

Location

Danielle Coyle | RE/MAX SelectReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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