75 Central Ave preview
75 Central Ave preview
Michelle Daniher

75 Central Ave

$990,000  |  75 Central Avenue, Madison, NJ 07940

Incredible opportunity for buyer who wants owner-occupied duplex or investor. Built 2010, side by side units, walk to town and train, 2 Bedroom, 2 Full bathroom and 1 Half bathroom plus finished daylight lower level for Bedroom #3 or Family Room. These units rent from $3350 - $3600, have super consistent rental history, popular with relo tenants with multi-year assignments. Light and bright - huge windows and high ceilings - first floor has an open floor plan. Master has tray ceiling and 2 closets (1 walk-in). Kitchen has large Break fast bar and tons of cabinet space. Lower level has full bath and laundry, large egress windows bring in tons of daylight. Many tenants have used this as a guest suite, 3rd Bedroom, home office or Family Room. Each unit has 2 dedicated parking spaces, and a grassy area for picnic table or lounge chairs. Rent total: $6700, cap rate 6%.

  • Sold
    Status
  • 3
    Bedrooms
  • 2.5
    Bathrooms
  • 2010
    Year Built
  • 7,840 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Living Space: 7,840 Sq.Ft.
  • Lot Size: 0.18 Acres
  • Status: Sold
  • MLS ID: 3427146
  • Year Built: 2010

Financial

  • Sales Price: $990,000

75 Central Ave

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