616 Stuyvesant Ave, Irvington, NJ
Income producing property: 4 brs / 2.5-bath colonial is conveniently located within walking distance of NYC buses. The basement includes a half bath and a flexible bonus room that can serve as a fourth bedroom. Situated in a light commercial area, the property also features an income-generating business yielding $1,250 per month, an excellent opportunity for passive income and mortgage offset. Current annual rent roll $39,000 (potential annual rent roll $48,000 / annual taxes $13,546). Unit 1 - The first level boasts an updated eat-in kitchen with quartz counter tops, gray shaker cabinets, crown molding, and S/S appliances. This level also comes with an expansive living room accommodating any oversized furniture and a bedroom, for those who prefer to limit their use of stairs. The second level comes with two generously sized bedrooms with huge closet space. The full bathroom includes a luxurious soaking tub with built-in shower accessories as well as an elegant woodgrain vanity. This thoughtfully designed bathroom serves as a serene retreat, perfect for unwinding after a long day. The basement in addition to the half bath and possible 4th brs, has direct access to the spacious attached garage. Additional highlights of this magnificent home include pristine h/d floors throughout, recessed lighting, updated plumbing and electrical systems. For those who commute, proximity to NYC transportation, 15 Minutes from Newark Airport and 35 Minutes from Manhattan
Reviews
Marvin was really nice, however after spending $150 on applications fee and sending pay stubs, we never heard back. He informed us that we will hear from him and we never did. The next thing you know...
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03/08/2025 - agnesanokye
In February 2020, when we were preparing our home for the market the pandemic hit us. We were downsizing our home and hoping to buy a townhouse in Bridgewater. We became concerned that it was the...
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03/28/2021 - t daley2
We worked with Marvin to sell an investment property in Elizabeth. NJ. There were touchy situations with tenants that Marvin did not need to involve himself in, but he did and was a huge asset in...
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03/03/2021 - Toby 2007
What can I say, we could not have done it without Marvin. As a resident of Hillside for a number of years my husband and I made the decision to relocate to South Carolina. From the get-go Marvin...
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01/23/2021 - gthu93
Marvin was a pleasure to work with and his responsiveness, neighborhood knowledge, real estate experience made a difference in finding a perfect rental home in Union NJ. He listens well and paid...
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11/30/2020 - zuser20161123195612941
Marvin demonstrated he had the heart and hustle to get us a great deal on the sale of our home in Union Township NJ. I appreciated his level of optimism and his positive outlook despite operating in...
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11/06/2020 - alsg2211
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