9 Tuttle StWallington, NJ 07057

Property Details for 9 Tuttle St

Property size (Sq ft)

2,138 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Wallington

County

Bergen

State

New Jersey

Latitude

40.8537

Longitude

-74.1099

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