25 Kiel Ave, Butler, NJ 07405

Butler
Local realty services provided by:ERA Central Realty Group
25 Kiel Ave,Butler Boro, NJ 07405
$689,900
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alexander w houser
Office: keller williams prosperity realty973-696-0077
MLS#:4020360
Source:NJ_GSMLS

Price summary

  • Price:$689,900

About this home

Rare, fully occupied triplex in a prime Butler location. 25 Kiel Ave is a unique three-story multifamily property, grandfathered by the borough, offering a compelling opportunity for both investors and owner-occupants alike. This income-producing asset features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with in-unit laundry in all three apartments. Units 1 and 3 have been fully gut renovated and feature open-concept layouts, updated kitchens and bathrooms, and newer appliances. Unit 3 also includes a private rooftop balcony, adding even more appeal. Separate utilities help minimize landlord expenses, while off-street parking for four vehicles offers added convenience for tenants. Currently generating $5,700 per month in gross rental income with an attractive 7%+ cap rate, this property is also offered at $20,000 below appraised value. Ideally situated within walking distance to downtown Butler's shops, restaurants, nightlife, and public transportation, with easy...

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Home facts

  • Year built:1912
  • Listing ID #:4020360
  • Added:4 day(s) ago
  • Updated:April 18, 2026 at 02:26 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Basement Description:Basement, Bilco-Style Door

Heating and cooling

  • Heating:3 Units, Baseboard - Electric, Baseboard - Hotwater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1912
  • Lot area:0.07 Acres
  • Architectural Style:Triplex
  • Construction Materials:Aluminum Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$689,900
  • Tax amount:$10,626 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:Off-Street Parking, Parking Lot-Shared
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated April 18, 2026

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