$849,000

1290 Baker St, Hillside Twp., NJ 07205

  • 8 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Maximize your portfolio with this exceptionally maintained fourplex?an ideal opportunity for immediate, strong returns in a high-demand rental market. Strategically updated and fully leased, this property is move-in ready and designed for minimal management hassle. Projected Gross Monthly Income: $8,500. Enjoy consistent rental demand and low vacancy risk thanks to its prime, commuter-friendly location. Effortless Management: Each unit has separate utilities, reducing landlord expenses and ensuring predictable net income. Additional Income Potential: The property includes a rare five-car detached garage. Two spaces are currently rented; the remaining three can generate up to $1,250/month extra income, instantly boosting your cap rate. Diverse Unit Mix: Offers 1, 2, and 3-bedroom layouts, including two duplex-style units that command premium rents and attract a broad tenant base. Turnkey Condition: Recently painted and updated interiors mean no immediate capital outlay?start earning from day one. Located minutes from Route 22, major employment centers, parks, and the town pool, this property combines stability, accessibility, and growth potential?perfect for investors seeking reliable cash flow with upside.Are you interested in viewing the current rent roll and expense reports for a detailed cash flow analysis?

Listing Status:
Active
Listing Office:
BHGRE ELITE : 908-316-8530
MLS ID:
3993614
  • General: Carbon Monoxide DetectorFire ExtinguisherSmoke Detector
  • A/C: NoneWindowAC
  • Heating: 4+ UnitsGas-Natural
  • General: Stucco
  • Parking: Parking spaces: 3
  • Roofing: Asphalt Shingle
  • County: Union
  • Driveway: 1 Car Width
  • Zoning: Residential2907-01203-0000-00008-0000-
  • Utilities: Gas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of BHGRE ELITE

Monthly Payment

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

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Location

Schools Nearby

H

Hurden Looker School

1261 Liberty Ave, Hillside, NJ, 07205

Grades 3-4

0.33 miles away

K

Krumbiegel Middle School

145 Hillside Ave, Hillside, NJ, 07205

Grades 6-8

0.41 miles away

H

Hillside High School

1085 Liberty Ave, Hillside, NJ, 07205

Grades 9-12

0.51 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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