Mansfield Township (Mansfield, New Jersey, US - 07840)
MLS® $230,000 Investment Property


Attachments


"Investment Property on 2.78 Acres"
 

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Details

Address: 1771 Route 57 Type: Residential Style: 2 1 Br units Bedrooms: 4 Bathrooms: 2 "2 Full Baths" Garage: 4-Stalls, Detached "2 Car Width" Basement: Yes, Full "Unfinished" Size: 2,160 sq. ft. Lot Type: Rectangular Lot Size:  2.78acres  Year Built: 1800 "Approximate" Taxes: $6,679.00 (2011) MLS®: 2911241
 
Description

Subject was used as investment property. Main house has 2 units; there are 2) 1-bedroom units located in rear. Current zoning is R-2, does not allow multi-fam. Property is Legal, Non-Conforming. Great opportunity to acquire fixer-upper with rental income. 1-bedroom units are currently rented $550 & $545, upper unit in main house is $1,100 ($800 if tenant does light maintenance-Snow plowing, lawn, etc) Total income - $2,195 / ($1,895) Month! Subject located on 2.78 Acres of open, flat land, has 2) 2 Car Garages and 2) Sheds. Lots of potential for the right buyer.
 
P2#53102332

Information is deemed to be correct but not guaranteed.