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10 Unit Multifamily in Montclair

95 PARK ST -

Well-located 10 unit multifamily property in excellent central Montclair location; each unit pays own heat and has own patio or terrace. On-site parking, on-site coin-op laundry. Recent improvements: New roof and new structure $ 120,000; updated outside lighting $ 8,500; updated appliances in four units $ 1800 with painting. New interlocking wall will be installed in parking lot $ 16,000

Listing information

  • MLS® ID: 2696940
  • Style: Apartment
  • Status: Sold on 7/7/2010
  • New Construction: No
  • Estimated Annual Taxes: $31,309
  • Year Built: 1965
  • Stories: 2
  • Total Square Footage: 8,975 ($169.92 per sq. foot)
  • County: 16
  • Property ID: 100792257
  • Baths: 13 (Full: 13 3/4: 0 1/2: 0 Other: 0)
  • Parking Type Description: 14 cars
  • Lot Size: 22448 SQ. FT.

Features

Basement Description Full
Cooling System Wall A/C Unit(s)
Docs Available Income & Expenses
Equipment Avail Smoke Detector, Appliances
Heat Source Electric
Heat System See Remarks, Multi-Zone, Baseboard - Electric
Lease Includes Common Area Maint
Location Residential Area
Lot Description Level Lot
Other Zoning - Unknown, Tax Year - 2009, Tax Rate Year - 2009, Tax Rate - 2.301, Tax Amount - 31309, SqFt Building - 8975, Property Color - Reddish, Operating Expense - 62023, Num Units W Full Bath - 10, Num Lavatories - 13, Num 3 Bed Units - 4, Num 2 Bed Units - 6, Income, Net Operating - 115457, Income, Gross Operating - 177480, Assessment Amount Land - 450000, Assessment Amount Building - 910700
Ownership Fee Simple
Parking Description Blacktop
Property Type Apartment Complex
Roof Composition Shingle
Sewer Sewer Charge Extra, Public Sewer
Siding See Remarks
Utilities Electric
Water Water Charge Extra, Public Water
Year Built Details Approximate
Listed by Sharon Gill of Berkshire Hathaway HomeServices New Jersey Properties 973-744-5544