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257 Progress St, Riverside, NJ, 08075

3beds
--baths
1,522sqft
$300,000
$197price/sqft
$2,338/moest. monthly cost
$93,520/yrincome needed

About This Home

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.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
3/10
Riverside Middle SchoolGrades 6-80.3 mi
2/10
Riverside High SchoolGrades 9-120.3 mi

Construction

Condition

  • Property condition: Average
  • Year built: 1920

Materials

  • Foundation: Block
  • Roof: Pitched,Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dryer,Oven/Range - Gas,Refrigerator,Cooktop,Washer,Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3

Features

  • Dry Wall

Heating & Cooling

  • Heating features: Radiator,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 1,522
  • Total interior livable area: 1,522 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 300250200006
  • Zoning: R2
  • Zoning description: Residential
  • Special condition: Standard
  • Exclusions: Tenant Possessions

Features

  • Pool features: None
  • Exterior features: Play Area,Sidewalks

Lot

  • Lot size: 1,760 sqft
  • Lot size dimensions: 21.00 x 0.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes