This legal two-family residence at 358 McKinley Street in Fairview, New Jersey, presents a significant investment opportunity. The property is configured to accommodate multiple living spaces, offering a total of 8 bedrooms and 4 bathrooms across its units. The structure, built in 1912, encompasses 2,160 total square feet of living space on a 2,500 square foot lot. The lot dimensions are recorded as 25 x 100 feet. This property is situated in Bergen County.
The first floor of the home features three bedrooms and one updated bathroom, with notable 14-foot ceilings enhancing the sense of space. The second floor is divided into two distinct apartments. The rear apartment offers three bedrooms and one updated bathroom, while the front apartment is a studio unit that includes an updated bathroom. Additionally, a finished basement provides a separate one-bedroom living space with a full bathroom, accessible via its own entrance.
The property includes several recent updates and features that enhance its appeal. A new roof has been installed, contributing to the building's structural integrity. The home also benefits from a backyard area, providing outdoor space. Utility services available include natural gas and electricity, with natural gas connected.
Currently, all units, with the exception of the basement apartment, are occupied by tenants. All tenants are on month-to-month leases, offering flexibility for a new owner. The annual property taxes for this residence are recorded at $8,984. This multi-family property is zoned as Residential Income and is classified as a Multi-Family dwelling.
Real
201-955-8147
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