38 Walnut St, Madison Boro, NJ, 07940-1631

INVESTORS ONLY. Excellent CAP RATE of 6.3%. (GOI $60,000, TOE $13,000. NOI $47,000).Great LOCATION. Only a few blocks to train & downtown. TENANT OCCUPIED for the next 12 months. Many improvements made in the past few years. Updated bathrooms, newer windows, fresh paint, brand new recessed lights in living room and new carpet downstairs. New chimney cap and masonry work just completed. New gutters. New "mini-split" HVAC added to main level. Dedicated laundry area on lower level. Separate entrance to utilities and large, newly painted garage. Completely empty attic runs entire width of house.