21 Reservoir Rd Open House

Rockaway Twp.,NJ 07866

$ 725000

6 Beds

4.5 Baths

39996 SqFt


OPEN HOUSE

Sat Sep 27, 12:00pm - 3:00pm 

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 39,996 sqft

Price per Sqft $18

MLS Listing ID 3987485

Style 2-Two Story, Fourplex

Bedrooms 6

Full Baths 4

Half Baths 1

Year Built 1955

Annual Tax Amount $10,955

Tax Year 2024

Lot Size 0.320 Acres

Property Description

Rare income generating multifamily opportunity in Rockaway. 4 units at or near market rent with 1 to be occupied soon. Rent roll and expense reports are available. Unit 1 is 2 bed 2 full baths, Units 2 and 3 are each 1 bed 1 bath, and unit 4 is 2 bed, 1 bath. Unit 4 was recently updated with a new kitchen. All utilities are combined, the landlord pays all utilities, except for one unit where the tenant pays electric. Heat is provided by 1 boiler for the building, 2 of the units have propane gas for cooking. The tenants share access to 2 washer and dryer units, the yard and have separate lockable storage in the shed. At least 8 parking spots. This convenient location and highly rated school system make it easy to rent. Rent rolls and expenses are available.

Location

State NJ

County Morris

Rooms

Basement Slab

Interior

Heating Electric, Gas-Propane Leased, Oil Tank Above Ground - Outside

Cooling None

Heat Source Electric, Gas-Propane Leased, Oil Tank Above Ground - Outside

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, Fourplex

Others

Senior Community No

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