$960,000
$950,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3 Baths
SOLD DATE : 02/14/2024
Key Details
Sold Price $960,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23033066
Sold Date 02/14/24
Style 3 Family
Bedrooms 8
Full Baths 3
Annual Tax Amount $11,389
Property Description
LEGAL THREE FAMILY PERFECT FOR INVESTORS AND OWNER OCCUPANT SEEKING INCOME. Come and discover an exceptional three-family house nestled in a perfect neighborhood with easy access to city-bound public transportation.Main floor has new kitchen, counter tops , bath , floors and appliances. Recent kitchen and bath updates to 2nd and 3rd floors.Enjoy nearby amenities like restaurants, shopping, schools, parks, and major highways. The first-floor apartment, freshly renovated and currently vacant, offers 6 rooms, 3 beds, and 1 bath. The updated second floor generates $1775 a month, and the top floor $1300/month. The landlord covers heat/water, while tenants are responsible for electric/cooking gas. Experience the convenience of separate washers/dryers in the basement, a 2-car garage, and a long driveway. Great investment property with a potential cap rate of 5.5 based on first floor renting at $3250 a month. Or a potential owner based home with an extra $3100 a month income.
Location
State NJ
County Bergen
Area Cliffside Park
Rooms
Basement Full , 3 stackable washer and dryer, storage
Interior
Heating Baseboard, Gas, Radiators
Fireplaces Type None
Laundry Basement
Exterior
Exterior Feature Vinyl
Garage Detached, O/See Remk
Utilities Available Sep Elec, Sep Gas
Waterfront Description None
View South
Building
Lot Description Regular
Others
Senior Community No
Ownership Private
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28 Valley Road Suite 1, Montclair, Jersey, 07042, United States