3-5 Sickle St Active Save Request In-Person Tour Request Virtual Tour
Dover Town,NJ 07801
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $367
MLS Listing ID 3991017
Style 2-Two Story
Bedrooms 4
Full Baths 3
Year Built 1930
Annual Tax Amount $7,171
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
Discover this newly renovated and impeccably maintained legal two-family home, offering an outstanding investment opportunity in today's market. With separate utilities, low property taxes, and a strong cap rate exceeding 7.5%, this property delivers both stability and high return potential a rare find for investors or owner-occupants alike.Ideal for those seeking FHA financing, the home allows you to live in one unit while collecting rent from the other, maximizing both comfort and cash flow. Each apartment features private entrances, long-term tenants, and modern updates throughout, ensuring reliable income and minimal maintenance concerns. Driveway parking for 4"5 cars; Natural gas heating and separate meters for gas, electric, and water/sewer all paid by tenants; Not located in a flood zone (no flood insurance required); Both units recently renovated and in excellent condition; This property combines convenience, strong rental income, and long-term investment value a truly turnkey opportunity ready for its next owner.
Location
State NJ
County Morris
Zoning Residential
Interior
Heating Electric, Gas-Natural
Cooling Wall A/C Unit(s), Window A/C(s)
Exterior
Exterior Feature Vinyl Siding
Parking Features On Site, On-Street Parking, Separate Location
Garage Spaces 4.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle, Flat
Building
Lot Description Level Lot
Sewer Public Sewer, Sewer Charge Extra
Water Public Water, Water Charge Extra
Schools
Elementary Schools East Dover
Middle Schools North Dover
High Schools Dover H.S.