Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).
Property Features
Basement
Unfinished
Walk-Out Access
Heating Information
Natural Gas
Water Features
Public
Utilities
Natural Gas Available
Parking
Detached
School Information
School Information for 209 W Chrystal St Ab ST, Dover Town, NJ 07801
Elementary School
East Dover
Middle School
Dover M.S.
High School
Dover H.S.
Listing Courtesy: ELITE REALTORS OF NEW JERSEY - 973-994-9009