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31 MATTLAGE PL
ENGLEWOOD, NJ 07631

$549,000 
  • 10 Beds
  • 4/0 Baths
  • Residential Income
  • Active
31 MATTLAGE PL, ENGLEWOOD - 398007843
31 MATTLAGE PL, ENGLEWOOD - 398007844
31 MATTLAGE PL, ENGLEWOOD - 398007845
31 MATTLAGE PL, ENGLEWOOD - 398007846
31 MATTLAGE PL, ENGLEWOOD - 398007847
31 MATTLAGE PL, ENGLEWOOD - 398007848
31 MATTLAGE PL, ENGLEWOOD - 398007849
31 MATTLAGE PL, ENGLEWOOD - 398007850
31 MATTLAGE PL, ENGLEWOOD - 398007851
31 MATTLAGE PL, ENGLEWOOD - 398007852
31 MATTLAGE PL, ENGLEWOOD - 398007853
31 MATTLAGE PL, ENGLEWOOD - 398007854

Property Description for 31 MATTLAGE PL, ENGLEWOOD NJ 07631

Jump on this rare, high-return, 4-family, investment property in the robust rental market of suburban Englewood. Nearly $60,000 in NOI. Cap rate is approximately 11% at the asking price. How rare is a 4-family in Englewood? Only 1 sold in Englewood in the past year, and it sold in only 16 days! Walking distance from outstanding shopping, entertainment and restaurants plus NYC bus on corner. This is a turnkey cash machine. House also has a high-efficiency gas furnace. (There is an empty storage tank in the basement which is no longer used.) May require flood insurance. Three of the 4 units are rented.

  • Property Class: Multi-Family
  • Listing Status: Active
  • City: ENGLEWOOD
  • State: NJ
  • Zip: 07631
  • Area: Bergen
  • County: Bergen
  • Class: Residential Income
  • Approx Lot Size: 0.490
  • Stories: 4
  • Beds: 10
  • Baths Total: 4
  • Baths (F/H): 4/0
  • Total Rooms: 20.00
  • Fireplaces: 0.00
  • Listing#: 3416504
  • List Date: 9/8/2017
  • Last updated on: 9/20/2017

Property Features for 31 MATTLAGE PL, ENGLEWOOD NJ 07631

  • Baths Full: 4
  • Heating Y/ N: Yes
  • Style: Threstry, Fourplex

Additional Information for 31 MATTLAGE PL, ENGLEWOOD NJ 07631

  • Basement Type: Bilcosty,Full,Unfinished
  • Expenses: 17458.00
  • Gross Income: 76296.00
  • Net Income: 58838.00
  • Tax Assessed Value: 364600.00
  • Lot Size Dim: 165X130 Avg
  • Exterior: Aluminum
  • Utilities Present: Yes
  • Stories Desc: Fourplex
  • Heating Fuel: Gasnatur
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