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About This Home
This 0-bedroom, 0-bathroom residential multi family at 257 PROGRESS Street in Riverside, NJ is listed for $300,000 ($197 per sqft). Built in 1920, the home offers 1,522 sqft of living space on a 0.04 acres lot.
Prime Investment Opportunity: Versatile Turn-Key Duplex Both units are currently rented. Unit A is $1100 per month and Unit B is $1200. Presenting a well maintained multi-family residence that offers a rare blend of immediate cash flow and long-term appreciation.
This classic duplex configuration is ideal for the savvy investor or an owner-occupant looking to utilize the rental to offset mortgage costs. Unit A: First Floor Located on the ground floor, this spacious 1-bedroom, 1-bathroom unit features a thoughtful layout designed for comfort and functionality.
Living Space: Includes a distinct living room and a dedicated dining area, perfect for entertaining. Kitchen: Fully equipped kitchen with ample cabinetry. Bonus Amenities: Exclusive interior access to the full basement, providing expansive storage options and private laundry facilities.
Unit B: Second Floor The upper-level residence offers an expanded footprint featuring 2 bedrooms and 1 bathroom. Layout: A bright and airy floor plan boasting a large living room and a formal dining area. Kitchen: Functional kitchen space with a layout optimized for modern living.
Appeal: Washer and Dryer in unit. Walking distance to shopping, schools and transportation. Outdoor Space: Residents enjoy access to a generous, shared backyard-a premium feature for urban rentals, perfect for outdoor recreation and relaxation. Mechanicals & Maintenance: Separated utilities ensure streamlined property management and low overhead for the owner.
Sewer line was just replaced. This property represents a robust addition to any portfolio. With its strategic layout and high-demand unit mix, it is positioned for consistent occupancy and strong rental yields. Schedule your private showing today to explore the potential of this premier income property.
Easy access, schedule your appointment today. Additionally property includes 2 garages at the back of the property are accessible from Sylvan Street that are also generating owner income, each garage is rented for $165 per month.
Key Features
- Built in 1920
- 0.04 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,604/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
257 PROGRESS Street
Riverside, NJ 08075
NONE AVA ILABLE
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 257 PROGRESS Street is listed at $300,000 ($197/sqft). The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.04 acre lot.
This property is listed by Patricia E Pomeranz and can be reached at 8484696691 or pepomeranz@hotmail.com.