36 Kinney St
Madison Boro, NJ 07940
Price: $1,199,000
GSMLS: 3948564Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 9
Baths: 4 Full
Garage: No
Year Built: 1929
Acres: 0.37
Property Tax: $11,450
Description
Discover An Exceptional Investment Opportunity In The Heart Of Madison! This Well-maintained Four-unit Property Offers A Perfect Blend Of Location, Potential, And Income Generation. This Property Features Four Spacious Units: Three Two-bedroom, One-bath Units And One Three-bedroom, One-bath Unit. There Is Potential For Value-added Improvements To Increase Property Value And Rental Income. It Is Fully Rented, Providing Immediate Cash Flow. The Property Has A Strong Rental History With Consistent Occupancy Rates. Off-street Parking Is Available For Tenants. Don't Miss Out On This Fantastic Investment Opportunity In Madison!
General Info
Style:
Fourplex
SqFt Building:
n/a
Total Rooms:
17
Basement:
Yes - Bilco-Style Door, Unfinished
Interior:
Carbon Monoxide Detector, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Crushed Stone, Gravel
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Utilities
Heating:
Baseboard - Hotwater, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Central,None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Morris
Town:
Madison Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$1,199,000
Tax Amount:
$11,450
Land Assessment:
$176,900
Build. Assessment:
$360,700
Total Assessment:
$537,600
Tax Rate:
2.13
Tax Year:
2024
Listing Information
MLS ID:
3948564
List Date:
03-03-2025
Days On Market:
8
Listing Broker:
RE/MAX SELECT
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: GlenmontCommons.com
