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Listed with , Century 21 The Crossing
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Stabilized 3-unit property delivering strong current income with built-in upside. All units leased, generating $4,887.50/month in residential rents plus $230/month from a separately rented garage $61,410 gross annually.Unit mix: two 2-bedroom/1-bath and one 1-bedroom/1-bath. All units separately metered with tenants paying their own utilities, keeping operating expenses low and cash flow predictable. In-basement laundry, plus assigned parking for each unit.Current rents are below market comparable units in Verona support an additional $200/month per unit at lease expiration, providing a clear path to increased returns without renovation. Lease expirations stagger through 2026, offering stabilized income today with natural rent reset opportunities ahead.Verona's rental demand remains strong, driven by top-rated schools, a walkable downtown, and direct NYC transit access fundamentals that support low vacancy and durable long-term returns.A clean, income-producing asset in a high-demand market. Perfect for the buy-and-hold investor looking to add a performing property to their portfolio.
| DAYS ON MARKET | 2 | LAST UPDATED | 3/30/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 100 |
| COUNTY | ESSEX | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | 100 |
|---|---|
| STYLE | 3 Family |
| TAXES | 13915 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected |
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