About 204 Montrose Avenue
Don't miss this turnkey multi-family investment located in a quiet, well-established neighborhood. This fully occupied 4-unit apartment building offers a strong CAP rate and consistent rental income from reliable, long-term tenants. Renovated in 2020, the property features updated interiors, modern finishes, and low-maintenance systems. Plenty of parking spaces for tenants. With solid cash flow from day one, this is a perfect addition to any investor's portfolio!
Features of 204 Montrose Avenue
| MLS® # | 2606084R |
|---|---|
| Price | $1,550,000 |
| Acres | 0.46 |
| Year Built | 1869 |
| Type | Residential Income |
| Sub-Type | 4 Family |
| Status | Active |
Community Information
| Address | 204 Montrose Avenue |
|---|---|
| City | South Plainfield |
| County | Middlesex |
| State | NJ |
| Zip Code | 07080 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | 4(+)Car Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath), Unit 3(4 Bedrooms,Kitchen,2+ Baths), Unit 4(4 Bedrooms,Kitchen,2+ Baths) |
|---|---|
| Appliances | Water Heater(See Remarks,Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Refrigerator), Unit 3(Refrigerator), Unit 4(Refrigerator) |
| Heating | Baseboard Electric, Electric, Forced Air, Separate Control |
| Cooling | Ceiling Fan(s),A/C Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Slab, Storage Space |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Asphalt |
Additional Information
| Zoning | R1-2 |
|---|
Listing Details
| Office | RE/MAX NOW |
|---|