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262 Passaic Street

Passaic, NJ 07055
  • $1,200,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: 23031777
UPDATED: 15 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

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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© 2023 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Keller Williams Valley Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2023-12-01T10:16:31.797.
www.bergenrealtyteam.com/homes/144382327
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262 Passaic Street Passaic, NJ 07055

  • Price: $1,200,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 15 min ago
  • ID#: 23031777
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Passaic
County:
Passaic
Area:
Passaic
Property 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.
Exterior Features

Style Retail Sub Style Free Std Waterfront None

Interior Features

Heat Cool O/See RemkOther Fuel Source/See RmksMulti-Zone

Property Features

Building Or Complex None Flood Plain None Ownership Private Rent Includes O/See Rmrks Taxes 18566 Utilities O/See Rmks

Listing provided by Sergio Limonta of United Real Estate: (888) 501-6953.


© 2023 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Keller Williams Valley Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2023-12-01T10:16:31.797.
 
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Keller Williams Valley Realty
123 Tice Blvd.
Woodcliff Lake NJ, 07677