Property

Sayreville, NJ 08872 197 Macarthur Avenue

197 Macarthur Avenue Sayreville, NJ - Image 1197 Macarthur Avenue Sayreville, NJ - Image 2197 Macarthur Avenue Sayreville, NJ - Image 3
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197 Macarthur Avenue Sayreville, NJ - Image 4197 Macarthur Avenue Sayreville, NJ - Image 5197 Macarthur Avenue Sayreville, NJ - Image 6197 Macarthur Avenue Sayreville, NJ - Image 7197 Macarthur Avenue Sayreville, NJ - Image 8197 Macarthur Avenue Sayreville, NJ - Image 9
Presented By: GOLDSTONE REALTY
  • MLS# 2503254R
  • 09/06/2024
  • Request Tour
  • Request Info
  • 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: GOLDSTONE REALTY

Interior Features for 197 Macarthur Avenue

Bathrooms

Half Baths0
Total Baths

Other Interior Features

FlooringLaminate
Heating Y/NYes
Total Stories2

General for 197 Macarthur Avenue

CitySayreville
Close Price
CoolingWindow Unit(s)
CountyMiddlesex
Full Baths
Gas Y/NNatural Gas
HeatingForced Air
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet18199
MaintenanceExpense
ModificationTimestamp2024-11-03T21:14:22.000Z
NumberOfUnitsTotal5
OwnerPaysCommon Area Maintenance, Snow Removal, Taxes, Trash Collection
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofSee Remarks, Composition
SewerPublic Sewer
Standard StatusActive Under Contract
StatusUnder Contract
Stories2
Tax Annual Amount18485
Tax Year2023
Tenant PaysSewer, Electricity, Gas, Water
UtilitiesElectricity Connected, Natural Gas Connected
Year Built1991
ZoningR-7

Exterior for 197 Macarthur Avenue

Building Area Total7500
Lot Dimensions175.00 x 104.00
Lot FeaturesDead - End Street
Lot Size Acres0.4178
Lot Size Area0.4178
Parking FeaturesOn Site, Assigned, Paved
Total Parking10
Water SourcePublic

Additional Details

Price History

Charles Torres

Owner
Price $1,550,000
MLS#2503254R
List Date 09/06/2024
Property Type Contingent
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