$1,325,000

House for sale Montclair
Property photo number 1 of 11 Photos for Property. File  105141143_29_61ddf0d9a4d483cfc4bcc967fae0d915.jpeg

Overview

SUMMARY: Discover an opportunity with this Montclair house for sale and available for $1,325,000. This could be your next ideal home or a smart investment. More details await.
A rare Montclair multi-family opportunity offering timeless architecture, strong income, and a location that's second to none. This fully leased four-unit Colonial delivers approximately a 5.8% cap rate with consistent, low-maintenance income and includes two spacious 2-bedroom
apartments, one 1-bedroom, and a studio. Updated systems furnace, electric panels, and water heater along with underground oil tank removal provide peace of mind, while a detached 4-car garage and additional parking for 4"6 vehicles offer added convenience and income potential. Ideally situated between two NYC-direct train stations and just steps from Montclair's vibrant downtown restaurants, boutiques, caf s, and the Wellmont Theater, this is a compelling opportunity for the savvy investor or owner seeking long-term stability in one of New Jersey's most desirable rental markets.
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Details

  • Beds: 6
  • Baths: 4
  • Price: $1,325,000
  • Reference No.: 95152188
  • Area: 3,550 sqft

Location

Marketed by:

  • Barbara P. Hughes
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