56-58 1st Street
Passaic, NJ 07055

***Portfolio Sale of Two Prime Commercial Properties in Passaic, NJ.*** This unique offering comprises two income-generating properties located at 56-58 1st St & 60 1st St, Passaic, NJ, sold together as a lucrative investment portfolio. With a combined gross income of $196,126 and a Net Operating Income (NOI) of $163,864, these properties boast an impressive cap rate of close to 12%, making them an attractive investment opportunity. Both properties feature a stable tenant base and a history of consistent cash flow, positioning them as reliable income-producing assets for investors. Strategically situated in a thriving commercial corridor. The portfolio sale of these two properties represents a rare chance to acquire a diversified income stream in one of Passaic's most sought-after locations. Investors seeking stable cash flow and significant upside potential will find this offering particularly compelling. Don't miss out on this exceptional opportunity!!! Check MLS#24008408