$950,000

49 Caldwell Pl 5, Springfield Twp., NJ 07081

  • 8 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1934
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Rare investment opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection plus a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room - office/walk in closet, kitchen and bath. The single-family home offers additional flexibility " perfect for an owner-occupant, or long-term tenant. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Situated on a single parcel, management is streamlined with one location to maintain. Whether you're looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, and commuter routes to NYC - tenants will enjoy easy access to everyday needs while you benefit from consistent demand. Opportunities like this don't come along often " five units, one property, and endless potential. 4 units are occupied - month to month, no leases, rent controlled. Home is not under rent control - needs tlc but has great potential. Separated utilites - natural gas, newer furnaces and hot water heaters, updated windows, roof. Owner pays water/sewer. Selling AS-IS.

Listing Status:
Active
Listing Office:
WEICHERT REALTORS : 908-735-8140
MLS ID:
3983930
  • Basement: UnfinishedWalkout
  • A/C: None
  • Heating: 4+ UnitsGas-Natural

This listing courtesy of WEICHERT REALTORS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James Caldwell Elementary School

36 Caldwell Pl, Springfield, NJ, 07081

Grades 3-5

0.07 miles away

F

Florence M. Gaudineer Middle School

75 S Springfield Ave, Springfield, NJ, 07081

Grades 6-8

0.64 miles away

J

Jonathan Dayton High School

139 Mountain Ave, Springfield, NJ, 07081

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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