209 W Chrystal St Ab, Dover Town, NJ 07801
- $699,000
- 5
- BD
- 2
- BA
- List Price
- $699,000
- Status
- ACTIVE
- Days on Market
- 59
- MLS#
- 4040395
- Year Built
- 2026
- Bedrooms
- 5
- Bathrooms
- 2
- Full Baths
- 2
- Acres
- 0.51
Property Description
Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. One unit is recently renovated, with 3 porches around for extra spaces. Another units is in good condition with long term tenant in place and good rent rent income. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).
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Additional Information
- Interior Features
- See Remarks, Tile Floors
- Exterior Features
- Enclosed Porch(es), Patio, Sidewalk
- Taxes
- $9,489
- Heating
- 2 Units
- Air Conditioning
- Wall A/C Unit(s)
- Exterior Features
- Metal Siding
- Roof
- Asphalt Shingle
- Parking
- 2 Car Width, Blacktop
- Garage
- Detached Garage, Garage Parking
- Garage Spaces
- 2
- Elementary School
- East Dover
- Middle School
- Dover M.S.
- High School
- Dover H.S.
- Number Of Units
- 2
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Listing Courtesy Of ELITE REALTORS OF NEW JERSEY, Contact: 973-723-2015
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