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    222 Tuscan Rd

    Maplewood Twp., NJ 07040
    • $424,900
    • STATUS: Active Under Contract
    • ON SITE: 318 days
    • MLS #: 3620883
    Under Contract
    $424,900
    • 7
      BEDS
    • 0.12
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    AMAZING INCOME OPPORTUNITY W/POTENTIAL 10% CAP RATE! Located one block from Maple Crest Park tucked neatly away in the Tuscan neighborhood of Maplewood, this GRAND 2 Story Multiple Family Home is ide al for an Investor or Owner Occupant interested in personalizing their space while enjoying an income producing property. POTENTIAL $5,100 MONTHLY RENTAL INCOME AFTER RENOVATION! The 1st & 3rd FL units need cosmetic update & repair however offer Large Bedrooms, EIK's, Full Bathrooms, High Ceilings & Original Hard Wood Floors. The 2nd Floor needs a redesigned floor plan to improve flow & function. ALL units have separate utilities including an electrical panel for common areas. Steps from Jitney Service to Maplewood Train Station, NJ Bus Service, School, Library & Entertainment. CASH, CONVENTIONAL OR RENO LOANS.

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    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zebaida Group at Keller Williams Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Zebaida Group at Keller Williams Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-01-16T22:46:32.763.
    www.zebaidagroup.com/homes/103812056
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    222 Tuscan Rd Maplewood Twp., NJ 07040

    • Price: $424,900
    • Status: Active Under Contract
    • MLS #: 3620883
    7
    Beds
    3
    Baths
    0
    ½ Baths
    0.12
    Acres
    1929
    Built
    Neighborhood:
    Tuscan
    County:
    Essex
    Area:
    Maplewood Twp.
    Elementary School:
    S Boyden
    Middle School:
    Maplewood
    High School:
    Columbia
    Property Description
    AMAZING INCOME OPPORTUNITY W/POTENTIAL 10% CAP RATE! Located one block from Maple Crest Park tucked neatly away in the Tuscan neighborhood of Maplewood, this GRAND 2 Story Multiple Family Home is ide al for an Investor or Owner Occupant interested in personalizing their space while enjoying an income producing property. POTENTIAL $5,100 MONTHLY RENTAL INCOME AFTER RENOVATION! The 1st & 3rd FL units need cosmetic update & repair however offer Large Bedrooms, EIK's, Full Bathrooms, High Ceilings & Original Hard Wood Floors. The 2nd Floor needs a redesigned floor plan to improve flow & function. ALL units have separate utilities including an electrical panel for common areas. Steps from Jitney Service to Maplewood Train Station, NJ Bus Service, School, Library & Entertainment. CASH, CONVENTIONAL OR RENO LOANS.
    Exterior Features

    Approximate Lot Size 43X125 Exterior Description Composition Shingle Exterior Features Open Porch(Es)SidewalkThermal Windows/Doors Number Of Parking Spaces 10 Parking Driveway Description 2 Car WidthBlacktopDirtDriveway-SharedOff-Street Parking Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description Unfinished Cooling Window A/C(S) Heating Baseboard - Hotwater Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 15 Unit1 Appliances Equipment Range/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenKitchenLiving RoomPantry Unit1 Rooms 5 Unit1 Security Deposit 2250 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Range/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenKitchenLiving RoomPantry Unit2 Rooms 6 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenKitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 9999

    Property Features

    Assessment Total 312200 Building Assessment 170800 Easement Yes Easement Description Driveway Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 61200 Land Assessment 141400 Net Operating Income 47387 Sewer Public Sewer Tax Amount 10071 Tax Rate Amount 3.226 Tax Rate Year 2019 Tax Year 2019 Total Operating Expense 5000 Unit Style 2-Two StorySee Remarks Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1500 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 9999 Unit2 Security Deposit 9999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1300 Unit3 Security Deposit 1950 Utilities ElectricGas-Natural Water Public Water Year Built Description ApproximateStanding

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zebaida Group at Keller Williams Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Zebaida Group at Keller Williams Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-01-16T22:46:32.763.
     
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    Zebaida Group at Keller Williams Realty
    4245 Town Center Way
    Livingston NJ, 07039