$950,000

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## 5 Springfield, NJ, United States 07081

MULTIPLE OFFERS RECEIVED - BEST OFFERS DUE SAT 9/6 BY 8PM Rare 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 additional flexibility " perfect for an owner-occupant, or long-term tenant. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Situated on a single parcel, management is streamlined with one location to maintain. 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, tenants will enjoy easy access to everyday needs while you benefit from consistent demand. 5 units, one property, and endless potential. 4 units are occupied - month to month, no leases, rent controlled. Home is not under rent control - needs tlc but has great potential. Separated utilities - natural gas, updated windows. Owner pays water/sewer.AS-IS buyer to obtain town inspections. Info is to best of owners knowledge.

Amenities

  • Bedrooms: 8
  • Full Bathrooms: 6
  • Partial Bathrooms: 0
  • Property Type: Multi-Family
  • Year Built: 1934
  • Built in 1934
  • Home size: 0 ft2 / 0 m2
  • MLS: 3983930
  • Status: Pending

Property brokered by

WEICHERT, REALTORS®

(800) 824-2408

Presented by Linda Oswald

  • (908) 735-8140 (Office Phone)

Contact Linda Oswald

Contact Agent


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