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Cynthia Lubin, Assoc. Broker - NJ & NY

cynt4homes@gmail.com +1(551) 200-7590

$ 624,900

Est. payment -/mo

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Price Dropped by $25K

301 E 9Th Ave Roselle Boro, NJ 07203

3 Beds

2.5 Baths

2,604 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,604 sqft

Price per Sqft $239

MLS Listing ID 3997886

Style 3-Three Story

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1920

Annual Tax Amount $8,955

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Fantastic opportunity to own a well maintained 3 unit mixed use property featuring both residential and commercial income. The first floor is occupied by a neighborhood convenience store, providing steady foot traffic and reliable rental income. The second floor offers a spacious two bedroom apartment, while the third floor features another two bedroom unit that has been recently updated and is currently vacant, allowing flexibility for an owner occupant or the ability to select a new tenant. Major improvements were completed in 2019, including a new roof and new siding, ensuring peace of mind for years to come. The building has separate utilities, with tenants paying their own heat, gas, and electric, minimizing owner expenses. There is a one car garage also. Best of all, this property qualifies for FHA financing due to the greater residential square footage making it an ideal choice for an investor or owner occupant looking to live in one unit and let the others pay the mortgage. A solid investment in a strong rental market!

Location

State NJ

County Union

Rooms

Basement Full

Interior

Interior Features Vinyl-Linoleum Floors, Wood Floors

Heating Electric, Gas-Natural

Cooling None

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick, Vinyl Siding

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Corner

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Listed by RE/MAX FIRST REALTY II

Cynthia Lubin, Assoc. Broker - NJ & NY

Agent | License ID: 1756074

+1(551) 200-7590

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