$760,000
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490 Larch Avenue Bogota, NJ 07603
Multi-Family
Residence
4
Beds
3
Baths
Sq. Ft.
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Great opportunity to invest and/or owner-occupy and collect strong rental income. +/- 5.5% cap rate for the savvy cash buyer in this shifting market. Property can still be cash flow positive even with climbing interest rates-- Non-QM loans and creative financing available. This well-maintained, high... income-producing 2 family is in a very desirable neighborhood and conveniently located to everything in Bogota and neighboring towns. Affordable property taxes, maintenance, and low carrying costs-- with projected 2025 gross income over $57,000 per year. Income and expenses can be available upon request. Second floor unit is currently Month-to-Month and may be vacated for a potential for owner-operator to use.
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MLS#
24033234
Property Type
Multi-Family
Bedrooms
4
Bathrooms
3 Full
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