Under Contract Multi-Family MLS# 4057648

220 Gordon St

Roselle Boro, NJ 07203

$464,000

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About 220 Gordon St

Well-maintained two-unit multifamily property in Roselle offering an investment opportunity with both units currently tenant occupied and leases in place through October 2027.The first-floor unit features one bedroom and an open living and dining area with abundant natural light and newer laminate flooring throughout. The updated kitchen includes a breakfast bar and newer appliances. Off the dining area, a spacious deck overlooks the backyard and was restored in 2022. The first floor unit also has direct access to the basement, offering extensive storage and laundry facilities.The second-floor unit entrance through shared foyer and features one bedroom, a living area, compact kitchen and newer carpeting throughout. The fenced in flat backyard also has a large shed for additional storage needs. The property has been thoughtfully maintained with several significant updates, including electrical improvements in 2021, a new furnace in 2022, new hot water heaters in 2025, and French drains and a sump pump installed in 2025.Each unit has separate gas and electric utilities. The property owner currently pays for water, sewer and trash removal. With existing leases in place, this property offers an opportunity for an investor seeking a tenant-occupied multifamily property with established rental income from the start of ownership.

Property details

Property

Type
multi
Year built
1930
Lot
0.06 ac
List date
Oct 8, 2026

Schools

District
Roselle Borough School District

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Listed by WEICHERT REALTORS

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.