About 427 E Central Ave
Discover an EXCEPTIONAL INVESTMENT OPPORTUNITY with this Beautifully Newly 2024 REMODELED 5-unit MULTI-FAMILY APARTMENT BUILDING. Ideally situated in DESIRABLE Alpha Boro, this apartment building features 3- 1 Bedroom, 1- 2 Bedroom and 1- 3 Bedroom apartments. With Modern Upgrades throughout, the building boasts a BRAND NEW ROOF, NEW WATER HEATERS, NEW carpet and LVP, updated baths, FRESH PAINT and contemporary kitchens complete with NEW CABINETS, COUNTERTOPS, and STAINLESS-STEEL APPLIANCES. The exterior shines with NEW VINYL SIDING, shutters, and a freshly painted block facade. Enjoy the benefits of a newly installed PAVER PATIO and a stone off-street PARKING LOT, providing ample parking for residents. Each apartment has its OWN ENTRANCE, ensuring privacy and independence. Separate electric meters make for easy management. Utilize the basement for additional storage or coin laundry to maximize profits! This TURNKEY investment property is ready for market-rate tenants, offering a hassle-free opportunity to capitalize on the thriving rental market. Don't miss out on this remarkable property that combines modern living with exceptional curb appeal! Certificate of Occupancy has been completed! Currently 80% leased.
Features of 427 E Central Ave
| MLS® # | 3931165 |
|---|---|
| Price | $999,900 |
| Square Footage | 3,122 |
| Acres | 0.00 |
| Year Built | 1880 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 427 E Central Ave |
|---|---|
| Subdivision | Not in a Development |
| City | Alpha Boro |
| County | Warren |
| State | NJ |
| Zip Code | 08865-4742 |
Amenities
| Utilities | Electric |
|---|---|
| Parking Spaces | 5 |
| Parking | Gravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive |
Interior
| Heating | Electric |
|---|---|
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Bilco-Style Door, Unfinished |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
Additional Information
| Date Listed | October 24th, 2024 |
|---|---|
| Days on Market | 238 |
| Zoning | R-4 |
Listing Details
| Office | KELLER WILLIAMS REAL ESTATE |
|---|---|
| Contact Info | 610-867-8888 |