9 Walnut St, Little Falls Twp., NJ 07424

Property Description

Rare opportunity to own a 2-family investment property in the highly desirable Little Falls Twp. Conveniently located near downtown shops, restaurants, parks, public library, municipal offices, schools, NJ Transit train service, local bus transportation, and major highways, this property offers exceptional convenience and strong long-term rental appeal. This charming 3-story multifamily home features two spacious apartments, each offering an EIK, DR, LR, full bathroom, in-unit laundry, and U-2 1 BR with loft U-1 2 BR. The property retains its classic character while providing the modern conveniences today's tenants desire. The floor plans feature generous living and dining spaces, dedicated kitchens, and additional basement storage for first floor tenant. The building is equipped with separate gas and electric meters, separate boilers, and separate water heaters, providing ease of management and utility allocation. Both units enjoy front and rear access, and the property offers more than four off-street parking spaces located at the rear of the property. Currently tenant-occupied with leases in place, the first-floor unit has recently signed a one-year lease, while the second-floor unit is occupied on a month-to-month basis. This presents an excellent opportunity for investors seeking immediate cash flow with future flexibility. Opportunities like this in Little Falls are increasingly difficult to find so schedule your private showing today!