$625,000
Sold

123 Larch Street

Port Reading, NJ 07064
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Rare Investment Opportunity! 3 Family home, getting $5k Rent per month on time. Last unit's lease ends in October 2023. This 6 Bedroom colonial home is great for a fully stand-alone investment property or an owner-occupied homestead with substantial rental income. Second Floor unit is spread over two levels, including three rooms on the first level that can be used as bedrooms, living or dining areas, and a full bathroom and kitchen/dining room. The second level boasts two rooms that can be used as additional bedrooms or living space. First Floor unit features one-bedroom, full bathroom, kitchen, dining room, living room, and an office or sunroom, all with high-end wood interiors and upgraded bathroom. Basement unit offers a studio room, full bathroom, and access to a laundry room/kitchenette. Basement is accessible via a side or front door through the main foyer. Other features include electronic entry, open-air front porch, common entry foyer, 2 car driveway, 1-car breezeway/carport, garage at the rear of the property, a shed, garden area and eased solar. Low maintenance, average maintenance is $500/ month. Basement lease ends in April 23, First floor in September23 and second floor in October 23. If desired, the buyer will have the option to retain the current, highly responsive property management company

Location

Elizabeth SauneReal Estate Group