Passaic NJ Multi Family for Sale

ADDITIONAL INFORMATION

Great Investment opportunity. Rents $6,200.00/mo, Taxes $12,364.00/yr, Water $2,400.00/yr, Insurance $4,160.00/yr, Alarm System $626.00/yr and Electricity $230/yr. Separate Utilities: 5 electric meters, 4 gas meters and 1 water meter. 4 HVAC systems for heat and 4 water heaters located inside of each apartment. A new roof was installed in February 2019. The Green Card was issued on 3/16/22. The owner has a lead-free certificate issued on 5/23/23 for the whole building. All tenants are registered in the City of Passaic. The owner holds a New Jersey real estate license.

ADDITIONAL INFORMATION

12 bedroom rooming house. No kitchen

ADDITIONAL INFORMATION

2-family home in a convenient location of Passaic, close to schools, shopping, NYC transportation, and major highways nearby, consisting of 3 bedrooms, eat-in kitchen, living room and bath, both apartments in similar condition and layout, separate utilities, gas baseboard heat, semi-finished basement with additional room and bath, private fenced-in yard.

ADDITIONAL INFORMATION

Welcome to this well-maintained 6-unit multifamily building, an outstanding investment opportunity in a prime location. The property features two units on each of the three floors, with each unit offering 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen. All units have separate utilities and natural gas heating, making management straightforward. The basement adds value with a shared laundry room and a bonus studio apartment complete with a full bathroom and kitchen.This property is currently generating a total annual rental income of $100,128 and is being offered at a 8% cap rate, with rents currently below market value, providing an excellent opportunity for increased revenue. The rent roll includes: Apt 1 - $1,313, Apt 2 - $1,570, Apt 3 - $1,450, Apt 4 - $1,241, Apt 5 - $1,493, Apt 6 - $1,277. Annual expenses include approximately $6,500 for insurance and $18,000 for property taxes.Tenants can also enjoy the backyard, which features a storage shed and a small outdoor space. The building is located in a no-flood zone and offers easy access to major highways and public transportation, making it an attractive option for tenants. This multifamily property is a solid investment with great upside potential.

ADDITIONAL INFORMATION

Welcome to this two-family property located in Passaic. Opportunity knocks on your door whether you are looking for your FIRST HOME or an investment property. The first floor has open layout with one bedroom, living room, kitchen and a full bathroom, finished basement. The second -floor bundle offers three bedrooms, living, kitchen, full bath and a finished attic area.

ADDITIONAL INFORMATION

Amazing Opportunity for the Savvy Buyer / Investor to own this Beautifully Renovated Income Producing Multi Family Property Home in a Sought After Centrally Located Area of Desirable Passaic! Both Units Boasting 3 Bedrooms and 1 Full Bathroom with a Private Entrance to Full Unfinished Basement with Endless Potential! Take Advantage of the Finished Attic Space Space Connected to Unit 2, for Extra Living & Storage Space! Incredible Opportunity Not To Be Missed!

ADDITIONAL INFORMATION

A two-family home with investment potential in a convenient location of Passaic, close to schools, shopping, and NYC transportation, fully rented, first and second floors feature 3 bedrooms, an eat-in kitchen, a living room, and a bath. The finished attic has 3 additional bedrooms, a bath, and a semi-finished basement. fully fenced-in yard, separate gas heat, and utilities, many recent upgrades including plumbing, main sewer, roof approx 5 years old.

ADDITIONAL INFORMATION

Great two-unit property with many possibilities in the Passaic area! Each floor features a living room, dining room, eat-in-kitchen, two bedrooms, and a full bath. There is a full finished basement, and a finished attic with three rooms.

ADDITIONAL INFORMATION

Welcome to this 2 family house located in the heart of Passaic! This well-maintained 2 family home is your new opportunity to collect great rent. Unit 1 - 2 bedroom, 1 bath and LR/DR combo. Unit 2- 2 bedroom, 1 bath and LR/DR combo.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Welcome to this spacious two family house with three bedrooms on the first floor and two in the second. Above ground basement with regular entrance through the front of the house, it had a full bathroom which was removed however, plumbing remains. Unfinished attic with upside potential to be finished and attach to second floor. Two blocks away from Downtown Passaic, public transportation and Schools.

ADDITIONAL INFORMATION

ATTENTION INVESTORS! This fully renovated three-family home boasts a high gross rent roll of $104,400 annually. Each of the three apartments has undergone full renovations, featuring new kitchen cabinets, granite countertops, and brand-new appliances. Four fully renovated bathrooms. Separated utilities ensure low carrying costs. Tenants will appreciate the convenience of individual laundry hookups in each unit. Additional upgrades include two brand-new hot water heaters, a recently recoated roof, brand-new laminate wood floors and more. Third level apartment connects to the finished attic offering two additional bedrooms and additional full bath. Don't miss out on this exceptional opportunity!

ADDITIONAL INFORMATION

WHAT A DEAL! OPPORTUNITY TO A LOCK IN YOUR MULTI FAMILY HOME, FEATURING 2 BEDROOMS, EAT IN KITCHEN, LIVING ROOM AND BATHROOM IN EACH UNIT. FULL WALK OUT BASEMENT AND UNFINISHED ATTIC FOR EXTRA STORAGE.

ADDITIONAL INFORMATION

SUBJECT IS A LEGAL 2 FAMILY DWELLING CONTAINING 13 ROOMS, 6 BEDROOMS AND 2 1/2 BATHS. IT ISSITUATED ON A QUIET RESIDENTIAL STREET CONVENIENT TO PUBLIC TRANSPORTATION, MAJOR NJ HIGHWAYS AND SHOPPING. THIS IS A GREAT INVESTMENT OPPORTUNITY OR LIVE RENT FREE ENJOYING THE ADDITIONAL RENTAL INCOME.

ADDITIONAL INFORMATION

Great opportunity to own an income producing 6-unit investment property in desirable Passaic, NJ. Some units have been renovated with plenty of upside. 1 units is vacant and was just painted and refreshed. 1 unit was just renovated and laundry was installed in the unit.

ADDITIONAL INFORMATION

Opportunity knocks in this fully occupied two-family home renovated in 2021. It features hardwood fllors, stainless steel appliances, finish basement, finished attic, central air/heat, separate utilities and parking for 6 cars. Conveniently located near all major highways (RTS-21, 46, 3, 80, 17), public transportation, shopping, restaurants, schools, and hospital.

ADDITIONAL INFORMATION

Property sold in as is condition Short sale subject to third party approval. Buyer is responsible for all certificates required to close

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Good rental income. Near transportation to NYC. Nice duplex with finished basement. Current leases are month to month.