NJ
Union
Linden City
07036
505 Washington Ave
505 Washington Ave, Linden City, NJ 07036
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Listing Type
Multi Family
Listing Status
Coming Soon
8
$830,000

Home Details for 505 Washington Ave

Price
$830,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
2
Half Bathrooms
2
Square feet
19998
Year built
1928
Lot size acres
0.1
County
Union
Total rooms
10
Garage
2
Basement
Unfinished
MLS Listing#
4041907
Property Description

Excellent opportunity to own this spacious two family property in the heart of Linden, ideal for investors seeking strong cash flow or owner occupants looking to offset their mortgage with rental income while enjoying convenient access to New York City. Each unit features 3 bedrooms and 1.5 baths, offering generous living space and tremendous upside. The unfinished attic additional potential, while the detached two-car garage, exclusive driveway with parking for 4+ vehicles, and private backyard create exceptional value and functionality. The property is being sold strictly AS IS and is in need of repairs and updates. The large unfinished basement has an updated elecrical panel and water tanks but has some plumbing leaks. Seller will not provide any credits, repairs, price reductions, or concessions. Conveniently located near major highways, public transportation, Newark Liberty International Airport, schools, shopping centers, parks, and houses of worship.. Buyer is responsible for obtaining all municipal inspections, certifications, and certificates of occupancy required to close. This property presents an outstanding value-add opportunity in one of Union County's most desirable rental markets.

Property Features
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
  • Parking
    • Detached
  • Basement
    • Unfinished
Listing Courtesy: RE/MAX FIRST REALTY II - 908-664-1500
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EXIT REALTY LUCKY ASSOCIATES (ELIZABETH)
640 Newark Ave., Elizabeth, NJ 07208
Office
908 289 7746
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