102 Exton Ave, North Arlington Boro, NJ 07031

$1,379,000
12
BD
4
BA

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List Price
$1,379,000
MLS#
4047432
Dom
10
Year Built
1930
Status
ACTIVE
County
Bergen
City
North Arlington Boro
Bedrooms
12
Bathrooms
4
Baths Full
4
Acres
0.12

Property Description

RARE 4-FAMILY INVESTMENT OPPORTUNITY! Owner-occupy or add a turnkey income-producing property to your portfolio. Ideally situated at the corner of Exton Ave & Forest St, this fully renovated property features four spacious 3-bedroom, 1-bath apartments, each offering a comfortable Living Room, Eat-In Kitchen, and excellent rental appeal. All four apartments have been completely renovated with new kitchens, bathrooms, flooring, paint, and more allowing a new owner to benefit from a property that is ready to generate income from day one. Each unit has separate utilities, providing an important advantage for investors. The income potential continues with a two-car garage currently rented for $500/month, plus off-street parking accessed from the dedicated driveway on Exton Ave. The basement is divided for additional storage and features coin-operated laundry, creating another valuable amenity for tenants. The property currently generates over $127,800 in annual gross income, with significant upside potential for an investor looking to increase returns. With four 3-bedroom units, multiple parking options, garage income, separate utilities, and a commuter-friendly location, this is an ideal opportunity for the savvy investor, first-time landlord, or owner-occupant. Four-family properties this well positioned and fully renovated are hard to find. Don't miss this opportunity to acquire a strong income-producing asset with built-in potential for future growth!

Additional Information

Taxes
$18,621
Cooling
Window A/C(s)
Exterior
Aluminum Siding
Garage Spaces
2
Garage Description
Detached Garage
Heating
4+ Units, Baseboard - Hotwater
Interior
Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors
Roof
Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot
Exterior Features
Sidewalk
Garage Description
Detached Garage

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Listing Courtesy Of RE/MAX ELITE REALTY, Contact: 973-287-6047

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