74 Glencourt AVE Edison, NJ 08837

Great investment opportunity! Rare 2-family home in Edison for sale. 1st floor unit, currently leased, features 3 bedrooms, dining room, living room and kitchen, plus a finished walk-out basement, washer & dryer inside unit, 2 car garage, separate utilities, ample parking. 2nd floor unit is vacant and features 2 bedrooms, living room, kitchen, no washer and dryer, separate utilities. This property is great for an investor or owner occupied - live in one unit and rent out the other! 1st floor tenant is paying $2250/mth, landlord currently pays all utilities, 2nd floor is vacant, but market rent is about $1,300/month. Gross potential rental income of $39,600. Expenses of approx. $11,200 (tax, insurance, repairs) = NOI of $28,300. Existing tenant can stay or leave. Conveniently located near Raritan Center, Menlo and Woodbridge Malls, Edison Public Library, shopping and restaurants, Metuchen and Metropark train stations are a short drive, close to all major roadways great for commuting.