25 Kiel Ave Butler, NJ 7405
Fully occupied triplex in prime location near downtown Butler.
Type:Multi Family
- Added:
- Apr 14, 2026
- Days on Market:
- 18
- Last Refresh:
- Apr 14 at 6:51 am
Property Features for 25 Kiel Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1912
Listing agent ALEXANDER W HOUSER
Listing office
Listing date Apr 14, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ALEXANDER W HOUSER
Overview
Butler Triplex with Income Potential
This is a three-story multifamily property featuring two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. All three apartments include in-unit laundry. Units 1 and 3 have been fully gut renovated and feature open-concept layouts, updated kitchens and bathrooms, and newer appliances. Unit 3 also includes a private rooftop balcony. The property has separate utilities and off-street parking for four vehicles. The property is currently generating $5,700 per month in gross rental income. The property is located within walking distance to downtown Butler’s shops, restaurants, nightlife, and public transportation, with easy access to Routes 23 and 287.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Butler
- County
- Morris
- State
- New Jersey
- Longitude
- -74.3615177
- Latitude
- 41.0017344
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Fully occupied triplex in prime location near downtown Butler.
Where is this triplex located?
The property is located at 25 Kiel Ave Butler, NJ.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: Fully occupied triplex generating $5,700/month gross income with a 7%+ cap rate.; Offered $20,000 below appraised value.; Prime Butler location within walking distance to downtown shops, restaurants, nightlife, and public transportation.
