232 Stuyvesant Ave, Lyndhurst Twp., NJ 07071

Property Description

Prime Investment opportunity in the middle of Lyndhurst. Located in a high demand commuter area, just around the corner from the New Train Station! This mixed use property features 3 residential units and 2 leased retail storefronts. A rare blend of stability and growth potential. This property features 2 retail units and a one bedroom apartment on the first floor, and two 2 bedroom apartments on the second floor. Ample off street parking in the rear parking area. Recent updates include roof, furnace, hot water heater. Landlord pays heat/water/sewer. Tenant pays cooking gas and electric. Annual income approx $96312 and Yearly Expenses approx $29420. A few houses away from the New Lyndhurst Train Station, close to NYC buses, stores, restaurants, nightlife. NJ.com just named Lyndhurst the 15th hottest market in NJ! A rare find for investors to own in thriving Lyndhurst!