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Property summary
PREMIER NUTLEY 4-FAMILY " Hillside Avenue Corridor, 50% Vacancy on Jun 22 . 8- Car Parking & Duplex Setup! Trophy investment opportunity on historic Hillside Avenue. This legal 4-unit Victorian sits on a quiet, tree-lined residential block just 12 miles from Midtown Manhattan. Perfect for an owner-occupant or value-add investor seeking immediate upside. The property is delivered with TWO UNITS VACANT, creating a cash-flow opportunity from Day 1. Units 1 & 2 (Occupied): Stable residential units generating a combined $2950 /month. 4% yr increase. Unit 3 (Vacant June 22) Recently renovated, bright, and rent-ready, with current $2650 rent. Rent can be $2850 upon vacancy from 07/01 Unit 4 (Vacant Duplex): Large two-story duplex, 1600 sq ft, with loft space, ready for renovation and significant rental upside. $3200+ rent. PRIVATE 8-CAR PARKING LOT: Rare for the Hillside Avenue corridor. Three spaces are currently rented to neighborhood residents. $2400- 3000 /yr. Remaining spaces offer additional income potential or future tenant amenities. Separate utilities for all units. Passed all state and local inspections. bikeScore: 45, Somewhat Bikeable walkScore: 71, Very Walkable transitScore: 55, Good Transit
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