515 Richford Ter, Linden City, NJ

About 515 Richford Ter

Exceptional opportunity! For investors and owner-occupants alike. This spacious and versatile two-family home offers four full levels of finished living space across two large units. Fully gut-renovated in 1995 and lovingly maintained by the same owners, this property features separate mechanicals for each unit, including a newer gas boiler and a recently replaced water heater.Unit 1 (Previous Owner's Unit) offers a large living room and dining area that can easily be converted to add an additional bedroom for higher rent potential. The unit includes an eat-in kitchen, two full bathrooms, and private access to the backyard and finished basement. The basement expands this living space with a second kitchen, full bath, and dry bar ideal for entertaining. The private owners unit backyard features a covered patio, tool sheds, and a grassy area anchored by a mature, fruiting fig tree.Unit 2 (Upper Unit) spans the second and third floors and will be delivered vacant. It offers a similar but larger layout with a living room, dining room, kitchen, three bedrooms, two full bathrooms, and a walk-in closet. The oversized third-floor bedroom with a full bathroom offers the potential to divide and create additional bedrooms, to maximize rental income.Located in a high-demand rental area, this home provides excellent income potential with simple cosmetic updates to kitchens and baths. A rare opportunity to own a large, flexible two-family property with significant upside!

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