302 Belmont Ave, Belleville Twp., NJ 07109

$899,000
11
BD
4
BA
4,650
SqFt
List Price
$899,000
Status
ACTIVE
MLS#
4055786
Bedrooms
11
Bathrooms
4
County
Essex
City
Belleville Twp.
Year Built
1922

Property Description

RARE 3-FAMILY INVESTMENT OPPORTUNITY IN BELLEVILLE! Welcome to 302 Belmont Ave an impressive income-producing three-family property offering approximately 4,650 sq. ft. of living space, 11 bedrooms and 4 bathrooms.This is the type of property investors and owner-occupants look for: three spacious units, finished basement, strong rental income potential, and tenants paying their own utilities. With projected market rents totaling approximately $9,800 per month $117,600 annually the numbers make this property especially attractive for buyers looking to add a substantial multi-family asset to their portfolio.The property offers generous layouts throughout and the flexibility to continue operating it strictly as an investment or occupy one unit while collecting rent from the others. Convenient Belleville location with access to major highways, shopping, restaurants, schools and transportation to NYC.Multi-family properties of this size and income potential don't come along often. Bring your investors, owner-occupants and buyers looking for serious rental potential. Bring your best offer and best terms. .

Additional Information

Basement
Finished, Walkout, Full
Sewer
Public Sewer

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Listing Courtesy Of REALTY EMPIRE, LLC, Contact: