For Sale
$500,000

9 Tuttle StWallington, NJ 07057

Class A Duplex, 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A duplex in Wallington, NJ, presents a compelling investment opportunity or ideal multi-generational living solution. Priced at $500,000, this 2,138 square foot property boasts a 6.00% cap rate and 100% occupancy, making it an attractive prospect for institutional investors. The property features two separate units, each designed for comfortable living. Both units are currently occupied, generating immediate rental income. The property is situated at 9 Tuttle St, Wallington, NJ 07057, in Bergen County, offering convenient access to local amenities, schools, and transportation. The duplex is in move-in ready condition, with potential for future upgrades to further enhance its value and rental income. This is a rare opportunity to acquire a high-performing multifamily asset in a desirable New Jersey location. The sale is structured as a 1031 exchange, offering significant tax advantages for qualified buyers. This property is perfect for investors seeking strong returns or families seeking a versatile living arrangement. The well-maintained condition and prime location ensure a secure and profitable investment. Don't miss this chance to own a piece of Wallington's thriving real estate market.

Highlights

  • Two separate units ideal for rental income or multi-generational living.
  • Spacious floor plans featuring modern finishes.
  • Move-in ready, offering upside potential for future upgrades.

Property Details for 9 Tuttle St

Property type
Apartment buildings
Square Feet
2,138 SF
Class
A
Units
2

Location Insight

City
Wallington
County
Bergen
State
New Jersey
Latitude
40.853657598475
Longitude
-74.109923359562
9 Tuttle St, Wallington, New Jersey

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9 Tuttle St
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