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$549,000
Est. payment /mo
7 Beds
2.5 Baths
19,998 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,998 sqft
Price per Sqft $27
MLS Listing ID 4031056
Style 3-Three Story
Bedrooms 7
Full Baths 2
Half Baths 1
Year Built 1900
Annual Tax Amount $11,519
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
GREAT INVESTMENT OPPORTUNITY FOR BOTH USER AND INVESTOR. PRICE IMPROVEMENT - NOW $549,000! Exceptional opportunity for both owner-occupants and investors to own this beautifully renovated income-producing multi-family property. Featuring two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, this property offers outstanding rental income potential and flexible living arrangements.The first-floor unit features elegant Spanish porcelain flooring, a large living room, a brand-new eat-in kitchen with custom quartz countertops, two generously sized bedrooms, and a fully renovated bath. The expansive second unit spans the second and third floors and showcases premium Italian wood-look porcelain flooring, a spacious living room, a new kitchen with quartz countertops, five bedrooms, and 1.5 baths.Additional improvements include separate and updated utilities, upgraded electrical panels, newer backyard stairs, a private backyard, and a full unfinished basement offering additional storage and future possibilities. Conveniently located near public transportation, schools, parks, shopping, and restaurants. Whether you're looking to live in one unit and generate rental income from the others or add a strong cash-flowing asset to your portfolio, this turn-key property delivers exceptional value at $549,000. Second-floor tenant will vacate at closing.
Location
State NJ
County Passaic
Rooms
Basement Unfinished, Walkout
Interior
Interior Features Fire Alarm Sys, Smoke Detector, Vinyl-Linoleum Floors
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features None, On-Street Parking
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by COLDWELL BANKER REALTY
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