1101 Brooks Blvd, Manville Boro, NJ 08835

$950,000
8
BD
4
BA

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List Price
$950,000
Status
ACTIVE
Days on Market
4
MLS#
4043022
Year Built
1959
Bedrooms
8
Bathrooms
4
Full Baths
4
Acres
0.20
Subdivision
North Side

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

Interior Features
Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors
Exterior Features
Patio, Privacy Fence, Storage Shed, Wood Fence
Taxes
$13,214
Heating
Forced Hot Air
Air Conditioning
Central Air, See Remarks
Exterior Features
Vertical Siding
Roof
Asphalt Shingle
Parking
Blacktop, Off-Street Parking
Elementary School
ROOSEVELT
Middle School
ALEXANDER
High School
MANVILLE
Number Of Units
4

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Calculator source: Real Geeks

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

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