505 Washington Ave, Linden City, NJ 07036

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List Price
$830,000
Status
ACTIVE
MLS#
4041907
Bedrooms
6
Bathrooms
2.2
Half-baths
2
County
Union
City
Linden City
Year Built
1928

Property Description

Excellent opportunity to own this spacious two family property in the heart of Linden, ideal for investors seeking strong cash flow or owner occupants looking to offset their mortgage with rental income while enjoying convenient access to New York City. Each unit features 3 bedrooms and 1.5 baths, offering generous living space and tremendous upside. The unfinished attic additional potential, while the detached two-car garage, exclusive driveway with parking for 4+ vehicles, and private backyard create exceptional value and functionality. The property is being sold strictly AS IS and is in need of repairs and updates. The large unfinished basement has an updated elecrical panel and water tanks but has some plumbing leaks. Seller will not provide any credits, repairs, price reductions, or concessions. Conveniently located near major highways, public transportation, Newark Liberty International Airport, schools, shopping centers, parks, and houses of worship.. Buyer is responsible for obtaining all municipal inspections, certifications, and certificates of occupancy required to close. This property presents an outstanding value-add opportunity in one of Union County's most desirable rental markets.

Additional Information

Exterior
Vinyl Siding
Lot Description
Level Lot
Basement
Yes
Garage
Detached Garage
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy Of RE/MAX FIRST REALTY II, Contact: 862-283-1282