Looking for a great real estate investment opportunity? This massive 5,000 sq. ft. brick home in Palisades Park, NJ is the ideal exclusive property for any investor that consists of three separate living areas. Live in one apartment and rent out the other two, or just use the entire property as a rental.
This multi-family home has eight bedrooms and three bathrooms throughout three levels. It is split into three separate living spaces. The main apartment on the first floor is the standout owner’s suite of this fabulous property and has all of the bells and whistles that come with a luxury home.
Original hardwood floors from the 1960’s continue throughout the home. An updated kitchen with modern appliances, hardwood cabinetry, granite countertops and tiled backsplash make this room the perfect place for cooking large meals. Separate living and dining areas give the entire family plenty of room for relaxing and entertaining. A central fireplace also keeps things cozy during the winter months.
Besides the main living area, there are two other apartments within the home. Each one is its own space with separate entrances for complete privacy. Within the rental units are separate kitchens, bedroom, and bathroom. These basement level apartments are just as warm and welcoming as the upstairs level.
Kitchens feature updated appliances and detailed cabinetry. Bathrooms have a shower and tub combinations. Bedrooms are large enough to fit several pieces of furniture.
The entire home is set up to rent, and owners don’t need to worry about any of the details. All of the utilities including electricity and gas operate on separate meters.
There is even a communal laundry room with coin-operated machines that everyone shares. An extra-large driveway provides plenty of parking space and renters also get to enjoy to spacious, fenced-in backyard.
The brick home also has an ideal location within Palisades Park. It’s close to several popular public parks, making it a popular rental with families. It’s also close to public transportation lines for those who work outside the home.
Don’t miss this chance to invest in a proven piece of property management. Ideally situated, completely subdivided, and full of little luxuries, this home won’t stay on the market for long. Contact a real estate agent today to schedule a showing.