55 Western Parkway
55 Western Parkway
$699,500
7
4
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Open: 5/4 12:00PM - 04:00PM
Description
Renovated 3 family property in Irvington presents an exceptional opportunity for investors seeking cash flow or owner-occupants looking to own a home in a thriving market. With Unit One 3 beds 1 bath and Unit Three 1 bedroom 1 bath currently unoccupied. The property features spacious rooms and a fully finished basement with three rooms and a full bath, offering additional living space or rental potential. The estimated rental income for Unit 1 and Unit 2 ranges from $2000 to $2500, while Unit 3 rents...Renovated 3 family property in Irvington presents an exceptional opportunity for investors seeking cash flow or owner-occupants looking to own a home in a thriving market. With Unit One 3 beds 1 bath and Unit Three 1 bedroom 1 bath currently unoccupied. The property features spacious rooms and a fully finished basement with three rooms and a full bath, offering additional living space or rental potential. The estimated rental income for Unit 1 and Unit 2 ranges from $2000 to $2500, while Unit 3 rents for $1200 to $1500, resulting in a total gross rent of $5200 to $6500. Potential to earn an extra $1200 to $1500 from the basement and the property includes a detached double garage with an exclusive driveway and space for at least 5+ cars, along with a backyard perfect for entertaining. A prime location and convenient access to major highways such as the Garden State Parkway and I-280, as well as schools, Newark Airport, shopping centers, houses of worship, public transportation, including a bus stop in front of the house and a easy commute to NYC. Access will be provided only to the unoccupied units unless there's an OH or for buyers submitting offers over the list price. Please respect the tenant's privacy and refrain from attempting to communicate or access apartments without prior approval. Additionally, the owner is in the process of completing the final renovation, which will be finished before closing. The LA has a legal interest in the home.
- Listed by DARRELL BAILEY • EXP REALTY, LLC
Property Details for 55 Western Parkway
Directions
18th Ave to Myrtle Ave to Grove Terr to Western Pkwy
Days On Market11
Open Houses
Saturday, May 4th
12:00 PM - 4:00 PM
Location
LISTING UPDATED: 04/22/2024 09:40 AM
Property Details for 55 Western Parkway
Status | Active |
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MLS # | 3896881 |
Days on Market | 15 |
Taxes | $11,028 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 1-One Story |
Year Built | 1925 |
Lot Size | 0.09 AC / 3,920 SF |
County | Essex County |
Location
Building Information for 55 Western Parkway
Stories-Residences3Year Built1925Building Size-Lot Size0.09 AC / 3,920 SF
Payment Calculator
$4,736 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 55 Western Parkway
Property History for 55 Western Parkway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 55 Western Parkway
Taxable ValueLand$14,400Additions$167,200Total$181,600
Tax Record2022$10,825 ($902 / month)
Home Facts
Total Finished SqFt3,486 SqFtAbove Grade Finished SqFt3,486 SqFtStories3Lot Size3,999 SqFtStyleTriplexYear Built1925CountyESSEXAPN09 00062-0000-00021
Schools near 55 Western Parkway
This home is within Irvington Board Of Education School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
University Elementary School PublicPK to 5 | ||
University Middle School Public6 to 8 | ||
Irvington High School Public9 to 12 | ||
Grove Street Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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