Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $320 per day, based on similar listings in the area. Estimated short-term cap rate of 11.5%. Introducing this multifamily in Essex, NJ. Built in 1893, featuring 4 bedrooms and 2 baths within its 2,026 sqft of living space, this property, set on a generous 9,762 sqft lot, offers flexibility as either a single-family or two-family residence. The property includes a private driveway and features an unfinished basement, adding valuable space to the home's layout. Both oil AND natural gas is connected to the house. Its location in desirable Sussex Boro ensures close proximity to the heart of town, placing local amenities within easy reach and enhancing its appeal as an attractive investment or personal residence.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $6396 |
Bedrooms | 4 |
Bathrooms | 2 |
SQFT | 2,026 |
Furnished | unknown |
Year built | |
Listing Status | Off Market |
MLS | 3896900 |
