1101 Brooks Blvd, Manville Boro, NJ 08835

$950,000
8
BD
4
BA

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List Price
$950,000
MLS#
4043022
Dom
2
Year Built
1959
Status
ACTIVE
County
Somerset
City
Manville Boro
Subdivision
North Side
Bedrooms
8
Bathrooms
4
Baths Full
4
Acres
0.20

Property Description

Are you an investor looking for immediate cash flow and ongoing appreciation? This fully-rented four-plex in the high-and-dry North Side of Manville brings safe long-term returns. Units are well-maintained, rent readily through word-of-mouth, and are in a quiet safe residential area. First floor is kitchen, living area, dining area, and utility room. Second floor has two bedrooms and one full bath. Each unit offers a private brick patio, and dedicated off-street parking. Ten year-old roof, mostly new HVAC and water heaters; tenants supply own washer, dryer, and refrigerator. Separate meters for gas and electric; landlord pays sewer and water. Current monthly rents are well below Fair Market Value (which the Manville Housing Office calculates as $2375 for a two bed/one bath apartment). Six-month lease extensions for current long-term tenants expire between January 31-March 31, 2027.

Additional Information

Taxes
$13,214
Cooling
Central Air, See Remarks
Exterior
Vertical Siding
Heating
Forced Hot Air
Interior
Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors
Roof
Asphalt Shingle
Elementary School
ROOSEVELT
Middle School
ALEXANDER
High School
MANVILLE
Sewer
Public Sewer
Water
Public Water
Lot Description
Corner
Exterior Features
Patio, Privacy Fence, Storage Shed, Wood Fence

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Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 908-642-6801

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