multi-family in Tenafly, NJ
A rare legal four family unit IN Tenafly SOLD " AS IS "
each unit reflects the following : one kitchen,one living room, one full bathroom, one bedroom, one parking SPACE
1ST floor : two apartments/each unit-one kitchen,one living room,one bedroom,one full BATHROOM
2ND floor : two apartments/each unit-one kitchen,one living room,one bedroom,one bathroom
*one block from blue ribbon school/transportation*
** all utilities are paid BY the tenant including water ** separate meters/for electric/gas/separate furnaces/water heaters
all units are fully rented with annual leases/( per the lease agreement there IS 60 days notice TO vacate IN case OF sale OR new construction/or IF desired BY the buyer)
new roof,new water heaters, new furnaces, owner coin operator IN the basement, four separate storage IN the basement(storages can BE rented IF desired BY the buyer)
unit A : (left side ) first floor rent $1,275. (annual )
unit B : (right side ) first floor rent $ 1,245. (annual )
unit C : (left side ) second floor rent $ 1,050. ( annual )
unit D : (right side ) second floor rent $ 1,345 ( annual )
total rent for four units IS $ 4,915. per month
laundry coin operator IN the basement : $200-$300. per month varies
storage rent : IF the buyer wishes TO rent four separate storages IN the basement / can BE rented for $100-$125 per month each storage. ($400-$500)per month potential income
Additional rent for parking fee IS $125 per month per unit. per lease agreement the parking fee IS TO BE collected AT the end OF the lease agreement for each unit/and/or can BE applied toward the security deposit and any remaining balance will BE AT the discretion OF the owner. (4 units X $125.)= $500 per month potential income
**subject property IS being sold " AS IS "**
owner expenses : common area utilities approximately $17.00 per month OR $ 250. per year ( gas for laundry dryer/+ electric )owner has separate utility meter, $ 120 water per year per the laundry machine.
** showing : prior TO scheduling prequalified letter and proof OF funds. Please note there are tenants in the units.
Municipality: Tenafly Borough