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Listing 1 out of 59
$2,000,000 For Sale

2 Beauvoir Ave
Summit City, NJ 07901

5 units |
5,000 sq ft;
lot: 4356 sq ft lot
Commercial: Apartment Complex - MLS# 3561193
Property Photo
1/23

Description

RARE INVESTOR OPPORTUNITY High-income producing 5 unit multi-family property located in City of Summit in NJ. All units are currently leased. Includes Four 1 Bedroom Apartments & One three level Townhouse including finished basement. Newly Renovated Townhouse and One 1 BR apartment in 2019 with high-end finishes, modern kitchens, new stainless steel appliances, central air/forced air heat, quartz countertops, washer dryer (in townhouse), contemporary bathrooms. Second basement has shared onsite laundry facilities & rentable finished 2 storage rooms. Ideally located within two blocks of Downtown Summit & Train Station offering direct trains to mid-town Manhattan (NY PennStation). The property?s location gives walking access to tens of upper crust restaurants and various other retail establishments.

Features

  • # of Parking Spaces: 5
  • Approximate Lot Size: 44X102
  • Basement: Unfinished, Finished Yes
  • Building Sq Ft: 5000
  • Construction: Brick/Block, Wood
  • Construction Date/Year Built Des: Approximate, Renovated
  • Cooling: 2 Units, Window A/C(s)
  • County/Area: Union County
  • Directions: Take Summit Exit from Rt 78 or Rt 24
  • Equipment Available: Appliances, Smoke Detector, Kitchen Area, Storage Area(s), Fire Alarm
  • Expenses Include: Maintenance - Exterior, Snow Removal, Maintenance - Interior, Electricity, Gas/Oil, Water/Sewer
  • Exterior Description: Concrete
  • Floors: Carpeting, Vinyl-Linoleum
  • For Sale Or Lease: For Sale
  • Fuel Type: Electric, Gas-Natural
  • Garage: 5-Car
  • Heating: 3 Units, Forced Hot Air, Radiators - Steam
  • Listing Status: Active
  • Location: Corner, Freestanding, Residential Area
  • Lot Identifier: 5
  • Lot Size: 0.1000
  • Max Ceiling Height: 9
  • Num 1 Bdrm Units: 4
  • Num 3 Bdrm Units: 1
  • Num Apts: 5
  • Num Units w/Full Bath: 5
  • Number of Lavatories: 8
  • Number of Stories: 3
  • Parking Spaces: 5
  • Parking/Driveway Description: 2 Car Width, Dirt
  • Primary Property Type: Apartment Complex
  • Property Type: Commercial
  • Renovated Year: 2019
  • Roof Description: Asphalt Shingle
  • Sale Includes: Building & Land
  • Services: Cable TV Available, Garbage Included, Prewired for Internet
  • Sewer: Public Available
  • Sq.Ft.: 5000
  • Sub Type: Apartment Complex
  • Tax Amount: $13,011
  • Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water, Water
  • Units: 5
  • Utilities: Electric, Gas-Natural
  • Utilities Paid By: Tenant
  • Water: Public Water
  • Year Built: 1928
  • Zip Code: 07901
  • Zoning: R-5

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*Contact Information NOT Shared*

Anand Agarwala
1110 Hamilton Blvd.,
South Plainfield,NJ07080
Phone: 973-457-4159 Personal
              732-7272280 Office
Email: aagarwala@aol.com
Web site:  www.agarwalarealty.com
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