617 RIPLEY PL, Westfield Town, NJ 07090-1519

$449,000
List Price
$449,000
MLS#
3679846
Year Built
1910
Status
ACTIVE
County
Union
City
Westfield Town
Acres
0.15

Property Description

Perfect opportunity to own an investment property with Residential Home and Oversized Contractor Garage. The House and Garage have separate utilities, low R.E. Taxes and a strong rental history. Seller residential updates include new windows, doors, kitchen cabinetry, kitchen appliances refinished hardwood flooring, alarm system and electrical improvements. The Oversized Block Garage/Warehouse provides an Opportunity for Contractors including Tool Storage, Truck or RV garage parking, plus Shipping and Receiving. Plenty of potential for Online business or Home Business in the 728 SF Garage which features tall drive-through Overhead doors, 13 Ft ceilings, plenty of storage and parking space. The property offers a 5.6% CAP Rate based on recent rents of $2000 monthly for home and $900 monthly for garage.

Additional Information

Taxes
$6,361
Cooling
Window A/C(s)
Exterior
Brick/Block, Vinyl Siding
Roof
Asphalt Shingle
Water
Public Water
Basement
Yes
Lot Description
Level Lot

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER REALTY.