1. New Jersey
2. Nutley Twp.
3. 51 Saint Marys Pl

51 Saint Marys Pl, Nutley Twp., NJ 07110

• 4 beds |
• 4 baths

Property Description

Exceptional Investment Opportunity in Nutley, NJ! Presenting a fully occupied 4-family property with steady rental income. Each of the four units offers 1 bedroom and 1 full bathroom, making this an easy-to-manage asset with proven cash flow.The landlord currently covers water, with two water meters for proper allocation, while a shared electric meter for common areas simplifies utility management. Tenants enjoy the added convenience of a shared washer/dryer in the basement. The basement, though featuring lower ceilings, holds potential for finishing and currently accommodates the laundry area. Significant recent improvements include a new roof installed in 2023, ensuring long-term durability. Heating is provided via steam heat, with some units also equipped with wall A/C units for added comfort.This is an ideal turn-key investment with excellent upside potential in a sought-after Nutley location. Don't miss this rare opportunity!

Listing Status:

Active

Listing Office:

RE/MAX SELECT : 973-739-8008

MLS ID:

3982391

Interior

• Basement: Unfinished
• A/C: Wall A/C Unit(s)
• Heating: Radiators - SteamSee Remarks

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of RE/MAX SELECT