57 Park Ave Immeuble residentiel 5 lots 1 812 027 € (362 405 €/Lot) Taux de capitalisation 4,38 % Summit, NJ 07901

Fully occupied five-family multifamily investment property offered for sale, featuring four 2-bedroom units and one 1-bedroom unit. The property also offers strong upside potential with a fully built-out basement currently configured as a 2-bedroom unit with kitchen and full bath, presenting the possibility of adding a sixth unit (buyer to verify). All apartments are separately metered for utilities, providing efficient operations and reduced owner expenses. The property generates approximately $92,000 in NOI and is offered at a 4.38% cap rate, making it an attractive opportunity for investors, including those seeking a 1031 exchange.