Bought with Outside Agent Outside Office
$319,950
$331,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
SOLD DATE : 06/02/2022
Key Details
Sold Price $319,950
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22007794
Sold Date 06/02/22
Style 2 Family
Full Baths 2
Property Sub-Type 2 Family
Property Description
GREAT OPPORTUNITY for Primary Residence and/or Investment Property! Zoned "multi-family", you can occupy the entire 1728 square feet or live in the 3 BR/ 1 BA portion and rent out the downstairs 2 BR/1 BA or rent both units with a potential CAP RATE of 10%. Located in Winona Lakes, this property is set on a quiet dead-end road abutting State property, includes lake rights and has a pond in the backyard. The main house features an open floor plan Dining Room/Kitchen, 3 nice-sized Bedrooms upstairs, and a newly renovated Bathroom. The downstairs apartment features, 2 Bedrooms, Living Room, Kitchen, and a gutted Bathroom awaiting your renovation. This charming home was built in 1956 and needs some renovations (ideal for a FHA 203 or Conventional HomeStyle mortgage).
Location
State NJ
County Morris
Interior
Laundry In Unit
Exterior
Garage Spaces 2.0
Read Less Info
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