Rare income generating multifamily opportunity in Rockaway. 4 units at or near market rent with 1 to be occupied soon. Rent roll and expense reports are available. Unit 1 is 2 bed 2 full baths, Units 2 and 3 are each 1 bed 1 bath, and unit 4 is 2 bed, 1 bath. Unit 4 was recently updated with a new kitchen. All utilities are combined, the landlord pays all utilities, except for one unit where the tenant pays electric. Heat is provided by 1 boiler for the building, 2 of the units have propane gas for cooking. The tenants share access to 2 washer and dryer units, the yard and have separate lockable storage in the shed. At least 8 parking spots. This convenient location and highly rated school system make it easy to rent. Rent rolls and expenses are available.
21 Reservoir Rd, Rockaway Twp. NJ 07866-1606
Property City
Rockaway Twp.
Property Price
$779,000
Bedrooms
6
Year Built
1955
Tax Annual Amount
$10955
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.32
MLS Status
Active
MLS #
4006858
Yearly Tax Rate
2.564
Year Built (*numeric)
1955
Basement
No
Roofing (*text)
Asphalt Shingle
Days On Market
6
Basement (*text)
No
Cooling (*text)
None
Heating
2 Units, Baseboard - Electric, Baseboard - Hotwater
Lot Size Dimensions
.319 AC
Data import from
GSMLS