Investment opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection plus a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room (office/walk in closet), kitchen and bath. The single-family home offers flexibility, perfect for an owner-occupant, or long-term tenant. New flooring in some rooms and basement, updated electric. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Whether you're looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, and commuter routes to NYC - Opportunities like this don't come along often " five units, one property, and endless potential. 4 units are occupied with long term tenants, now month to month and rent controlled. Home is NOT under rent control -Separate utilities for all - natural gas, 1 newer apt furnace - some updated windows. Owner pays water/sewer for apts only. Selling as-is. Buyer to get town inspections. Flood insurance may be required.
49 Caldwell Pl, Springfield Twp. NJ 07081-1713
Property City
Springfield Twp.
Property Price
$975,000
Year Built
1934
Tax Annual Amount
$21344
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.23
MLS Status
Active
MLS #
4003458
Yearly Tax Rate
2.375
Year Built (*numeric)
1934
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
No Cool
GarageSpaces
6
Heating
4+ Units
Lot Size Dimensions
71X141
Data import from
GSMLS