NJ
Essex
Maplewood Twp.
07040
14 Nelson Pl
14 Nelson Pl, Maplewood Twp., NJ 07040
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Listing Type
Multi Family
Listing Status
active
23
$1,200,000

Home Details for 14 Nelson Pl

Price
$1,200,000
Type
Residential Income
Bedrooms
12
Bathrooms
5.0
Square feet
4300
Year built
1928
Lot size acres
0.18
County
Essex
Total rooms
20
Garage
4
Basement
Partially Finished, Walk-Out Access
Days on site
118
MLS Listing#
3965371
Property Description

Rare 4-family home located on a quiet dead-end street in one of Maplewood's most up-and-coming neighborhoods. This centrally located property offers easy access to town & train, making it ideal for NYC commuters. The building features 4 fully refurbished units with upgraded electrical systems, a 4-year-old roof, and a baseboard heating system that's less than 2 years old. Each unit has separate utilities for added convenience. The building is fully stabilized and comes with great tenants who consistently pay on time. Currently generating $126,600 annually, this turnkey operation has additional income potential from 2 unused garage spaces and basement storage. Don't miss the opportunity to invest in this prime location with strong cash flow and room for growth!

Property Features
  • Heating Information
    • Baseboard
    • Electric
    • Natural Gas
  • Basement
    • Partially Finished
    • Walk-Out Access
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • Detached
Listing Courtesy: KELLER WILLIAMS REALTY - 908-273-2991
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EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
Erica Campbell
Franchisee
Office
973 746 4777
Agent
973 277 3965
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