Property Description
5 Unit multi-family property offering 3 standalone structures — 16 E Elro, 18 E Elro and 20 E Elro. The 16 E Elro 2-family, lakeview property consists of a 1 BR, 1-bath unit on the 1st floor and a 2-BR, 1-Bath unit on the 2nd floor. 18 E Elro is a stand-alone cottage with an open floor plan and 1-bath. 20 E Elro is a side-by-side, 2-family dwelling with 1-BR and 1-Bath unit on each side. These 3 structures offer a terrific and rare investment opportunity. When fully rented, the annual gross income is over $66,500, annual expenses are approximately $12,500 All dwellings are on one lot as per seller.
Features
: 1 Unit
: Asphalt Shingle
: Common, Dirt
: Wood, See Remarks
: Deck, Thermal Windows/doors, Open Porch(es), See Remarks
: Smoke Detector, Carbon Monoxide Detector, Fire Extinguisher, See Remarks
6
: Electric, Gas-propane
: Well
Address Map
E Elro Dr
16
0
W75° 29' 33.5''
N41° 1' 38.7''
Berkshire Valley Rd To Elro
MLS Addon
REALTY EXECUTIVES EXCEPTIONAL
267089
: Open Lot, Corner, Lake/water View
198702
$0
$0
289920

Multi-Family For Sale

16 E Elro Dr, Jefferson Twp., 07438-9337

6 Bedrooms
5 Bathrooms
0.34 Acre
$699,900
Listing ID #43558
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 43558
Ref ID : 3761954
Price : $699,900
Bedrooms : 6
Bathrooms : 5
Year Built : 1960
Lot Area : 0.34 Acre
Country : US
County : Morris
City : Jefferson Twp.
Zipcode : 07438-9337
Days On Market : 422
Status : Active
Lot Size : 0.337 AC
Geo Subdivision : Oakridge
Taxes : $7,979
Tax Year : 2021
Active Days on Market : 0
Agent info
Century 21 Gemini LLC
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