Property

Sayreville Boro, NJ 08872 197 Macarthur Avenue

Pending
197 Macarthur Avenue Sayreville Boro, NJ - Image 1197 Macarthur Avenue Sayreville Boro, NJ - Image 2197 Macarthur Avenue Sayreville Boro, NJ - Image 3
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197 Macarthur Avenue Sayreville Boro, NJ - Image 4197 Macarthur Avenue Sayreville Boro, NJ - Image 5197 Macarthur Avenue Sayreville Boro, NJ - Image 6197 Macarthur Avenue Sayreville Boro, NJ - Image 7197 Macarthur Avenue Sayreville Boro, NJ - Image 8197 Macarthur Avenue Sayreville Boro, NJ - Image 9
Presented By: Dominick Ali Jr., Goldstone Realty
  • MLS# 22425777
  • 09/06/2024
  • Request Tour
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  • SQFT • 7,500

Home Details

Incredible Investment Opportunity in Sayreville! Discover a prime investment opportunity with this well-maintained five-family property in the heart of Sayreville. This multi-family gem is designed for maximum rental income and tenant satisfaction, featuring: Modern Infrastructure: Enjoy peace of mind with a roof that's only 2 years old. Each unit comes equipped with its own separate furnace, water heater, gas meter, electric meter, and water meter, ensuring independence and efficiency. Spacious Living: Each of the five units boasts 2 bedrooms and 1 full bathroom, complemented by a generous living room and kitchen area. Updated laminated flooring throughout adds a fresh, contemporary touch. Convenient Amenities: All units feature washer and dryer hookups, enhancing tenant convenience and comfort. Each unit also benefits from 2 dedicated parking spots. Prime Location: Ideally situated close to parks, shopping, restaurants, and commuter routes, this property offers unparalleled convenience for residents. Revenue Potential: This investment is tenant-occupied, with some units currently renting at up to 20% below market value, presenting an excellent opportunity to increase rental income and capitalize on potential growth. Don't miss out on this exceptional chance to create passive income with a property that combines modern features, strategic location, and significant investment potential. Act now and secure your future in real estate!
Presented By: Dominick Ali Jr., Goldstone Realty

Interior Features for 197 Macarthur Avenue

Bedrooms

Total Bedrooms10

Bathrooms

Half Baths0
Total Baths5

Other Interior Features

Air Conditioning Y/NYes
BasementSlab
Heating Y/NYes
Total Fireplaces

General for 197 Macarthur Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CitySayreville Boro
Construction MaterialsBrick
CoolingMulti Units
CountyMiddlesex
DirectionsMain St. to Macarthur Ave.
Electric On Property Y/NNo
Elementary SchoolWilson
Full Baths5
Garage Spaces0.0
Garage Y/NNo
HeatingForced Air
High SchoolSayreville War
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet18295.2
Lot Size UnitsAcres
MLS AreaNone
MLS Area MinorSayreville (SAY)
Middle/Junior High SchoolSayreville
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal5
OwnerPaysYard Maintenance, Snow Removal, Garbage Removal
Property SubtypeFive Family
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
SewerPublic Sewer
Standard StatusPending
StatusPending
Stories2
Subdivision NameNone
Tax Annual Amount18485.0
Tax Year2023
TaxOtherAnnualAssessmentAmount311400.0
Tenant PaysSee Remarks, Water, Sewer, Gas, Electricity
Waterfront Y/NNo
Year Built1991
Zoning DescriptionResidential, Multi-Family

Exterior for 197 Macarthur Avenue

Building Area Total7500.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions104 x 175
Lot Size Acres0.42
Lot Size Area0.42
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking10.0
Water SourcePublic

Additional Details

Price History

Schools

Middle School Sayreville Middle School
High School Sayreville War High School
Elementary School Wilson Elementary School

Catarina Gomes

Associate
Price $1,550,000
MLS#22425777
List Date 09/06/2024
Property Type Pending
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