Property

Alpha Boro, NJ 08865 427 E Central Ave

427 E Central Ave Alpha Boro, NJ - Image 1427 E Central Ave Alpha Boro, NJ - Image 2427 E Central Ave Alpha Boro, NJ - Image 3
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Presented By: KELLER WILLIAMS REAL ESTATE; 610-867-8888
  • MLS# 3931051
  • 10/24/2024
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 5

Home Details

Discover an EXCEPTIONAL INVESTMENT OPPORTUNITY with this Beautifully Newly 2024 REMODELED 5-unit MULTI-FAMILY APARTMENT BUILDING. Ideally situated in DESIRABLE Alpha Boro, this apartment building features 3- 1 Bedroom, 1- 2 Bedroom and 1- 3 Bedroom apartments. With Modern Upgrades throughout, the building boasts a BRAND NEW ROOF, NEW WATER HEATERS, NEW carpet and LVP, updated baths, FRESH PAINT and contemporary kitchens complete with NEW CABINETS, COUNTERTOPS, and STAINLESS-STEEL APPLIANCES. The exterior shines with NEW VINYL SIDING, shutters, and a freshly painted block facade. Enjoy the benefits of a newly installed PAVER PATIO and a stone off-street PARKING LOT, providing ample parking for residents. Each apartment has its OWN ENTRANCE, ensuring privacy and independence. Separate electric meters make for easy management. Utilize the basement for additional storage or coin laundry to maximize profits! This TURNKEY investment property is ready for market-rate tenants, offering a hassle-free opportunity to capitalize on the thriving rental market. Don't miss out on this remarkable property that combines modern living with exceptional curb appeal! Certificate of Occupancy has been completed! Currently 80% leased.
Presented By: KELLER WILLIAMS REAL ESTATE; 610-867-8888

Interior Features for 427 E Central Ave

Bedrooms

Total Bedrooms8
Unit 1 Beds Total1
Unit 2 Beds Total1
Unit 3 Beds Total1
Unit 4 Beds Total3

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels2
UnitType1TotalRent0
UnitType2TotalRent1550
UnitType3TotalRent0
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
BasementBilco-Style Door, Full, Unfinished
Fuel TypeElectric
Interior AmenitiesCarbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Walk-In Closet

Other Rooms

Unit 4 Rooms6
Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, Storage
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 4 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, Storage

General for 427 E Central Ave

Architectural StyleSee Remarks
CoolingCeiling Fan
CountyWarren
DirectionsFrom 22E, take R onto St James Ave, L onto New Brunswick Ave, R onto Hawk Ave, stay on 3rd, L onto E Central Ave, property on Right
DriveGravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
EasementUnknown
Farm AssessmentNo
Full Baths5
Gross Income100800
HeatingBaseboard - Electric
Home Warranty Y/NNo
Net Operating Income88970
Number Of Units Total4
Open Parking Spaces5
Operating Expense11830
PossessionNegotiable
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNot in a Development
Tax Annual Amount10329
Tax Assessed Value298900
Tax Lot4
Tax Year2023
Total Rooms23
Town #3002
TownshipAlpha Boro
UtilitiesElectric
Water HeaterElectric
Year Built1880
ZoningR-4

Exterior for 427 E Central Ave

Exterior AmenitiesCurbs, Patio, Sidewalk
Exterior DescriptionVinyl Siding
Lot Dimensions0.21 75X125
Lot FeaturesLevel Lot
Lot Size Acres0.22
Water SourcePublic Water

Additional Details

Price History

Tina Torres

Broker/Owner
Price $999,900
MLS#3931051
List Date 10/24/2024
Property Type Multi-Family
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