INVESTOR SPECIAL - INCOME-PRODUCING DUPLEX! Excellent opportunity at 2213 Lexington Avenue featuring TWO occupied units generating a combined $3,200 PER MONTH / $38,400 ANNUALLY in current gross rent! The DOWNSTAIRS UNIT is officially recorded as a 2-bedroom, 2-full-bathroom unit and is currently configured with 4 total sleeping rooms. Two rooms… Read More are bonus spaces and are NOT represented as legal bedrooms unless independently verified with the municipality. The downstairs tenant is on a MONTH-TO-MONTH LEASE paying $2,000 per month. The UPSTAIRS UNIT features 1 bedroom, 1 full bathroom, a living room and an eat-in kitchen. The upstairs tenant is on a ONE-YEAR LEASE ending in June 2027 and pays $1,200 per month. A major highlight is the OVERSIZED DRIVEWAY with parking for approximately SEVEN VEHICLES, plus a detached one-car garage! Separate meters and gas water heaters add to the investment appeal. Approximately $10,000 has recently been invested in repairs and maintenance. Conveniently located near major roads, shopping and transportation. Property is being sold strictly AS-IS. Seller will make no repairs. Buyer is responsible for all inspections, due diligence and any lender or municipal requirements. Schedule your showing and explore the income potential! Read Less
Courtesy of Dean Kenny, EXP Realty, LLC, 866-201-6210
Listing Snapshot
Days Online
4
Last Updated
Property Type
Single Family Residential
Beds
3
Full Baths
3
Square Ft.
1,582
Lot Size
0.2 Acres
Year Built
1934
MLS Number
NJCD2125990
Additional Details
Basement
Full
Building
Built in 1934, Living area: 1582, Levels: 1.5, Construction Materials: Vinyl Siding
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