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$999,999
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4030473
Year Built 1920
Annual Tax Amount $21,377
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
Excellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income . 24 hours notice needed to arrange with the tenants for showings.
Location
State NJ
County Passaic
Zoning RES
Rooms
Basement Bilco-Style Door, Unfinished
Interior
Heating Gas-Natural
Cooling Central Air, Wall A/C Unit(s)
Equipment Fire Alarm, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Irregular Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by KELLER WILLIAMS CITY VIEWS REALTY
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