Description
Investment Opportunity in Passaic, NJ! City Approved Plans to Convert Existing Rooming House to a beautiful 10 Residential apartment building along with 2 Commercial Units. The residential Breakdown: Six 2-Bedrooms, Two 3-Bedrooms, Two 1-Bedrooms. Potential Monthly Rent Roll: $23,000 - $25,000. Conservatively Estimated Rent: 2-Bedrooms: $1,800 - $2,000 (x6 units), - 3-Bedrooms: $2,000 - $2,200 (x2 units), - 1-Bedrooms: $1,400 - $1,600 (x2 units), - Larger Commercial Unit: $3,500 - $4,000, - Smaller Commercial Unit: $1,500 - $1,800. This is a golden opportunity for savvy investors! A corner property with city-approved plans, will be delivered v a c a n t for your convenience, and huge rental income potential. Don't miss out on this chance to maximize your real estate investment.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investment Opportunity in Passaic, NJ! City Approved Plans to Convert Existing Rooming House to a beautiful 10 Residential apartment building along with 2 Commercial Units. The residential Breakdown: Six 2-Bedrooms, Two 3-Bedrooms, Two 1-Bedrooms. Potential Monthly Rent Roll: $23,000 - $25,000. Conservatively Estimated Rent: 2-Bedrooms: $1,800 - $2,000 (x6 units), - 3-Bedrooms: $2,000 - $2,200 (x2 units), - 1-Bedrooms: $1,400 - $1,600 (x2 units), - Larger Commercial Unit: $3,500 - $4,000, - Smaller Commercial Unit: $1,500 - $1,800. This is a golden opportunity for savvy investors! A corner property with city-approved plans, will be delivered v a c a n t for your convenience, and huge rental income potential. Don't miss out on this chance to maximize your real estate investment.
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Data last updated 2023-12-03T15:46:25.183.