Under Contract
Multi-Family
MLS# 4044430
374 Boyden Ave
Maplewood Twp., NJ 07040
$785,000
- 7Beds
- 4Baths
- 0.12Acres
- 1927Built
Maplewood Twp., NJ 07040
$785,000
UPDATED INFO Investor opportunity! Fully occupied legal 3-family generating $7,150/month ($85,800 annually) in gross rental income. Based on current owner-provided operating expenses, estimated NOI is approximately $60,514 annually, reflecting an estimated 7.71% cap rate at the $785,000 asking price. Three full-floor apartments offer a strong income-producing opportunity in a prime Maplewood location near Maplewood Village, NJ Transit, shopping, dining, parks and major highways. Property currently has 2 gas and 2 electric services. Unit 2 pays its own utilities; owner currently pays utilities serving Units 1 & 3. Utility configuration provides an opportunity for future separation. All financial information, expenses, NOI and cap rate are approximate and should be independently verified by purchaser.
Questions on 374 Boyden Ave, Maplewood Twp., NJ 07040, or want to see it in person?
Listed by KELLER WILLIAMS VILLAGE SQUARE
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Contact
Keller Williams Prosperity Realty
1700 Rt. 23 N, Suite 300, Wayne, NJ 07470
973-370-9539 Team@ThePatLoweGroup.com
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