545 Valley Brook Avenue Lyndhurst, NJ 07071
Listing Courtesy of: NJMLS IDX / Better Homes And Gardens Real Estate Coccia Realty / George Rosko - (201) 939-8900
$2,850,000
12
BED
12
BATH

  545 Valley Brook Avenue Lyndhurst, NJ 07071

Active (10 Days)

Description

8 UNIT APARTMENT BUILDING! The August is a fully renovated 8 unit, residential apartment building with $20,000 a month gross income. Includes an immense unfinished basement storage rental. This gorgeous one story, 9,646 sf freestanding complex boasts 12 bedrooms, 11.5 bathrooms, laundry in units and all separate utilities. The parking lot consists of 11 spaces total including 1 handicap, 2 covered and 2 tandem in the driveway. There is additional guest parking for about 4 more vehicles tandem in the alley/driveway adjacent to the building. Other highlights include: front entry foyer with mail center, main lobby, rear foyer with half bath, access to parking and unfinished basement w/storage space rental. Each unit is equipped with forced hot, central air, individual water meters, granite counters, led lighting and hardwood and tile flooring throughout. Pet friendly community. Situated on a 76 x 181 lot. Yields a 6.6% cap rate with a net annual income of $188,300

MLS #:
22030183
Taxes
$34,625
Type
Multifamily
Year Built
1950
Style
4 Family
Views
None
County
Bergen County
Bathroom Details
  • Full Bathrooms: 11
  • Partial Bathroom: 1
Lot Information
  • Regular
Property Features
  • Fireplace: None
Heating and Cooling
  • Hot Air
  • Gas
Basement Information
  • Unfinished
Garage
  • Tandem
  • Park Space
  • O/See Remk
  • Carport
Additional Listing Info
  • Selling Office Commission: 2%-$275
  • Coccia Realty | (201) 939-8900
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than Coccia Realty are marketd with the Internet Data Exchange logo and informationabout them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last Data Updated: 1/27/23 11:25
Source: New Jersey Multiple Listing Service. Inc.
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