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31 MATTLAGE PL, Englewood, New Jersey

$549,00010 Beds4 BathsActive

31 MATTLAGE PL, Englewood, New Jersey 07631
UNITED REAL ESTATE - MLS® ID: 3416504

Property Details

31 MATTLAGE PL, Englewood, New Jersey 07631 - Jump on this rare, high-return, 4-family, investment property in the robust rental market of suburban Englewood. Nearly $60,000 in NOI. Cap rate is approximately 11% at the asking price.How rare is a 4-family in Englewood? Only 1 sold in Englewood in the past year, and it sold in only 16 days! Walking distance from outstanding shopping, entertainment and restaurants plus NYC bus on corner. This is a turnkey cash machine. House also has a high-efficiency gas furnace. (There is an empty storage tank in the basement which is no longer used.) May require flood insurance. Three of the 4 units are rented.

Amenities

  • Zip07631
  • CountyBergen
  • Bedrooms10
  • Full baths4
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Year built2017
  • Lot size165X130 AVG
  • SewerPrivate
  • Heating1 Unit
  • CoolingNo Cooling
  • Tax amount$9,322.00
  • Tax year2016
  • Office ID4738
  • Agent ID277800
  • Agent nameBRIAN MCCABE
  • MLS® ID3416504

Broker: UNITED REAL ESTATE

Listing Courtesy of UNITED REAL ESTATE

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