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76 4Th St

Passaic City, NJ 07055
  • $1,150,000
  • STATUS: Active Under Contract
  • ON SITE: 109 Days
  • MLS #: 3873041
Under Contract
$1,150,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,260
    SQFT
  • $270
    $/SQFT
Type:
Commercial
Built:
1935
County:
Area:

School Ratings & Info

Description

INCREDIBLE INVESTMENT IN A HIGH RENT LOCATION! THIS 6 UNIT APARTMENT BUILDING IS WELL MAINTAINED AND BOASTS A MIX OF 2 &3 BDRMS WITH 1 FULL BATH IN EACH UNIT. NO RENT CONTROL WITH GREAT UPSIDE POTENTIAL. WITH A CAP RATE OF OVER 5%, A GROSS ANNUAL INCOME OF $83,000 & LOW EXPENSES, THIS PROPERTY IS PERFECT FOR AN INVESTOR TO QUICKLY START COLLECTING CASH FLOW.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-20T23:46:56.34.
www.latestnjlistings.com/homes/144991440
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76 4Th St Passaic City, NJ 07055

  • Price: $1,150,000
  • Status: Active Under Contract
  • On Site: 109 Days
  • MLS #: 3873041
0
Beds
0
Baths
0
½ Baths
0.06
Acres
4,260
SQFT
$270
$/SQFT
1935
Built
County:
Passaic
Area:
Passaic City
Property Description
INCREDIBLE INVESTMENT IN A HIGH RENT LOCATION! THIS 6 UNIT APARTMENT BUILDING IS WELL MAINTAINED AND BOASTS A MIX OF 2 &3 BDRMS WITH 1 FULL BATH IN EACH UNIT. NO RENT CONTROL WITH GREAT UPSIDE POTENTIAL. WITH A CAP RATE OF OVER 5%, A GROSS ANNUAL INCOME OF $83,000 & LOW EXPENSES, THIS PROPERTY IS PERFECT FOR AN INVESTOR TO QUICKLY START COLLECTING CASH FLOW.
Exterior Features

Approximate Lot Size 25X100 Construction See Remarks Exterior Description Aluminum Location Residential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style Door Cooling See Remarks Equipment Available AppliancesFire AlarmSee Remarks Heating 1 Unit Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 6 Office Sq Ft 0

Property Features

Expenses Include See RemarksTaxesWater/Sewer For Sale Or Lease For Sale Free Rent No Gross Operating Income 83100 Net Operating Income 61122 Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number N/A Tax Amount 12623 Tax Rate Amount 3.884 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 21978 Utilities ElectricGas-Natural Water Public Water Zoning R3

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-862-3028.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-20T23:46:56.34.
 
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The Sue Adler Team - Keller Williams
518 Millburn Avenue, 2nd Floor
Short Hills NJ, 07078