Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    2

  • 1/2 Bathrooms

    11

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Aluminum Siding

  • Parking

    Attached

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    2-Two Story

Price

  • Sales Price

    $450,000

  • Tax Amount

    $6,834

  • Zoning

    Commercial

  • Sq. Footage

    2

  • Price/SqFt

    $225,000

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

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Essex

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Listing Courtesy of None , COLDWELL BANKER REALTY

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Income producing property: 4 brs / 2.5-bath colonial is conveniently located within walking distance of NYC buses. The basement includes a half bath and a flexible bonus room that can serve as a fourth bedroom. Situated in a light commercial area, the property also features an income-generating business yielding $1,700 per month, an excellent opportunity for passive income and mortgage offset. Current annual rent roll $44,400 (potential annual rent roll $54,000 / annual taxes $13,546).).  Unit 1 - The first level boasts an updated eat-in kitchen with quartz counter tops, gray shaker cabinets, crown molding, and S/S appliances. This level also comes with an expansive living room accommodating any oversized furniture and a bedroom, for those who prefer to limit their use of stairs. The second level comes with two generously sized bedrooms with huge closet space. The full bathroom includes a luxurious soaking tub with built-in shower accessories as well as an elegant woodgrain vanity. This thoughtfully designed bathroom serves as a serene retreat, perfect for unwinding after a long day. The basement in addition to the half bath and possible 4th brs, has direct access to the spacious attached garage. Additional highlights of this magnificent home include pristine h/d floors throughout, recessed lighting, updated plumbing and electrical systems. For those who commute, proximity to NYC transportation, 15 Minutes from Newark Airport and 35 Minutes from Manhattan

616 Stuyvesant Ave

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