969,000

Ease of Ownership best describes this 4-family gem! Located in Upper Vailsburg, this is a "plug and play". Each unit consists of 3-bedrooms, and 1 bath. The property was completely renovated in 2019 and boasts of having a valid NJ DCA Green Card Inspection certificate. Each tenant enjoys separate central heat/air as well as a shared coin-operated laundry room in the basement. The property has combo security locks to avoid lost key syndrome! Tenants are on a month-to- month lease, but with laundry and possible garage income currently can produce $113,700 annually for a generous 13.57% cash on cash return. Two units are below market and have the possibility to increase these returns down the road. Current onsite tenant handles cleaning and garbage. 2 Sump pumps in the basement as well as interior plumbing for sprinkler system