Three-Story Fully Leased
25 Kiel Ave Butler, NJ 07405
25 Kiel Ave, Butler, NJ, 07405
$719,900
Pending
For Sale
$719,900
Pending
MULTI_FAMILY - Butler Boro, NJ
Lot Size0.07 Acres
Days on Market48
Property Features for 25 Kiel Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Basement, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1
- Parking
- 4
- Standard status
- Pending
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10626
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1912
- Number of units
- 3
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
KELLER WILLIAMS PROSPERITY REALTY
(973) 696-0077
1700 RT. 23 N, Wayne, NJ
Listed by
ALEXANDER W HOUSER
(973) 696-0077
Added: Jun 2 Checked: Jul 19 at 4:06 am
MLS# 4031536
Listing URL
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
25 Kiel Ave is a three-story triplex arranged as two 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Each unit includes in-unit laundry, supporting everyday tenant convenience. Units 1 and 3 have been fully gut renovated with open-concept layouts, updated kitchens and bathrooms, and newer appliances. Unit 3 also includes a private rooftop balcony, adding an outdoor option within the building. Separate utilities are in place to help delineate tenant and landlord responsibilities. Off-street parking is provided for four vehicles.
The property is located in Butler Boro, described as within walking distance to downtown Butler’s shops, restaurants, nightlife, and public transportation. It also offers easy access to Routes 23 and 287.
For buyers seeking a residential income property, the current configuration provides three distinct rental units with separate utility setups and in-unit laundry across the board. The seller reports the triplex is fully occupied and generating $5,700 per month in gross rental income. With its mix of unit sizes, off-street parking, and renovations to two of the three units, the property may appeal to both investors and owner-occupants looking for rental income alongside a turnkey living option.
The property is located in Butler Boro, described as within walking distance to downtown Butler’s shops, restaurants, nightlife, and public transportation. It also offers easy access to Routes 23 and 287.
For buyers seeking a residential income property, the current configuration provides three distinct rental units with separate utility setups and in-unit laundry across the board. The seller reports the triplex is fully occupied and generating $5,700 per month in gross rental income. With its mix of unit sizes, off-street parking, and renovations to two of the three units, the property may appeal to both investors and owner-occupants looking for rental income alongside a turnkey living option.
Key Highlights
- Fully occupied 3‑unit triplex at 25 Kiel Ave in Butler
- Unit mix: two 2‑bed, 1‑bath units plus one 1‑bed, 1‑bath unit
- Gross rental income of $5,700/month; reported 7%+ cap rate
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully occupied triplex with in-unit laundry, two 2BR units and one 1BR unit, plus off-street parking for four.
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 $719,900.
What are key features of this property?
This property features: Fully occupied 3‑unit triplex at 25 Kiel Ave in Butler; Unit mix: two 2‑bed, 1‑bath units plus one 1‑bed, 1‑bath unit; Gross rental income of $5,700/month; reported 7%+ cap rate
