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Listed by Kevin Karcich Keller Williams Realty Metropolitan
$ 725,000
Est. payment | /mo
4 Baths
$ 725,000
Est. payment | /mo
4 Baths
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active Attorney Review
Purchase Type For Sale
MLS Listing ID 25041954
Style 3 Family
Full Baths 4
Property Sub-Type 3 Family
Property Description
STRONG CASH FLOW IN RANDOLPH! A rare chance to own a fully rented, legal three-family in one of Randolph's most desirable locations. This turnkey investment property delivers reliable income with a total monthly rent roll of $5,320, including additional revenue from two garages rented at $175 each. All three units are updated, well-maintained, and separately metered a major perk for any investor. The property offers ample off-street parking and a large, level yard, adding value and long-term tenant appeal. Current rents are affordable, helping ensure consistent occupancy and steady returns. Major updates provide peace of mind for years to come: roof (2016), stairs and deck (2017), updated electrical service (2019), three new water heaters (2024), water treatment system (2025), and septic pumped and inspected in 2025. Whether you're expanding your portfolio or seeking your first multi-family investment, this property checks all the boxes: cash flow, condition, and consistency. Don't miss this opportunity.
Location
State NJ
County Morris
Interior
Laundry None
Exterior
Garage Spaces 2.0
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