14 Nelson Pl, Maplewood twp., NJ 07040

1 of 26

MultifamilyFor Sale

$1,200,000

14 Nelson Pl

Maplewood twp., NJ 07040

Courtesy of Keller Williams Realty

MLS: Garden State MLS

12Beds

4Full1Half Baths

Est. Mortgage

$6,294/mo

Rare 4-family home located on a quiet dead-end street in one of Maplewood's most up-and-coming neighborhoods. This centrally located property offers easy access to town & train, making it ideal for NYC commuters. The building features 4 fully refurbished units with upgraded electrical systems, a 4-year-old roof, and a baseboard heating system that's less than 2 years old. Each unit has separate utilities for added convenience. The building is fully stabilized and comes with great tenants who consistently pay on time. Currently generating $126,600 annually, this turnkey operation has additional income potential from 2 unused garage spaces and basement storage. Don't miss the opportunity to invest in this prime location with strong cash flow and room for growth!

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