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Listed by Andrea Sterancsak Terrie O'Connor Realtors-Ridgewood
$ 699,999
Est. payment /mo
Under Contract
616 Elm ST Maywood, NJ 07607
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 26028897
Style 2 Family
Bedrooms 4
Full Baths 2
Property Sub-Type 2 Family
Property Description
Discover the incredible potential of 616 Elm St, Maywood, NJ. Currently configured as a large single-family residence, this property is legally zoned as a 2-family home, offering a blank canvas for savvy investors or ambitious buyers looking to build immediate sweat equity. Value-Add Potential: Excellent opportunity to renovate and maximize equity. Flexible Layout: Easily transition the layout back to a cash-flowing 2-family. Expansion Possibility: Structural layout allows for a large 2-bedroom ground-floor apartment. Turnkey Upgrades: Second-floor unit already features an updated bathroom. House has a newer roof (10yrs) and a newer hot water heater (6 mos). Full basement w/bilko doors. Bonus Square Footage: Massive walk-up attic offers incredible storage or future living space. Commuter's Dream: Easy, fast access to NYC buses and local train stations. Major Highways: Minutes from Route 17, Route 4, and I-80 for effortless travel. Local Lifestyle: Close to Maywood’s popular downtown shopping, dining, and parks. Ample Parking: Deep private driveway accommodates multiple vehicles. BEING SOLD STRICTLY AS-IS buyer responsible for CO and any permits required Call Andrea for easy showings: 201-248-5940
Location
State NJ
County Bergen
Interior
Laundry Basement
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Your debt-to-income ratio is 36%
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