Property Description

A turnkey, income-producing two-family property in Montclair's high-demand 07042 rental market. Fully renovated in 2016, this building offers modern systems, low-maintenance operations, and consistent tenant demand. Both 2-bedroom units are fully occupied with reliable tenants, providing immediate cash flow and strong portfolio stability. Each 2 bedroom apartment features updated kitchens and baths, efficient layouts, in-unit washer/dryers, and separate utilities, including tankless water heaters that help reduce operating costs. The property includes a welcoming front porch, a private backyard, and rear porches for both units. An unfinished basement with a full bathroom offers excellent storage flexibility. Located just steps from Glenfield Park, a few blocks from the Bay Street Train Station, and close to the new Wally Choice Community Center, this address provides exceptional access to transit, recreation, and community amenities - key drivers of long-term rental strength. With its comprehensive renovation, modern mechanicals, and proven occupancy, 14 Wheeler Street is a rare opportunity to acquire a well-maintained, low-vacancy asset in one of Montclair's most accessible neighborhoods.

Property Features