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Listed by Joseph Oneal Keller Williams City Views Realty
$ 999,999
Est. payment | /mo
$ 999,999
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 5+Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25022215
Style 5+Family
Property Sub-Type 5+Family
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. All have long term tenants.
Location
State NJ
County Passaic
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Thomas Mikalouskas
REALTOR® | Lic# 0235388