Attention all investors! Excellent cash flow investment property. Legal 3 family, all units are rented with great tenants. All tenants have proper COs and pay all utilities. The home has recently passed all state inspections. True investment with an approximate ROI or CAP rate of 8%. All electric heat, no boiler units to worry about. Tenants are all long-term and looking to remain in units. Ideal for an off-site owner, but not as owner-occupied. Minimum exterior maintenance. The current owner is moving from the area.
3832924
Multi-Family, Other
4
Passaic
3 Full
1906
0.07
Acres
Public
3
Stucco
Public Sewer
29,997
Sq. Ft.
10
Natural Gas Available
3 Total
School Information
NUMBER 1
MANCHESTER
MANCHESTER
Bathrooms
3
Total:3
Interior Features
- Flooring
- Vinyl, Carpet
- Heating
- Electric Heating. Baseboard.
- Plumbing
- Electric Water Heater
- Basement
- Crawl Space
- Security
- Smoke Detector(s)
Exterior / Lot Features
- Parking
- On Street.
- Exterior
- Stucco
- Zoning
- Multi Family
Community Features
- Security Features
- Smoke Detector(s)
- Complex Features
- Smoke Detector(s)
Financial Considerations
2510-00033-0000-00015-0000-
$8,364
Arrows indicate 90 day trend
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