Damon Kramer - Coldwell Banker Hearthside
560 Paulison Ave
Clifton City, NJ 07011

Description

Amazing multi-family investment opportunity! House offers 4 units in total, all units are currently tenant-occupied! In total there are 17 rooms, 8 bedrooms, and 4 full baths. The 1st unit offers 1 bedroom, 1 bath, and a living room. The 2nd unit offers 3 bedrooms, 1 bath, living room, and a dining room. The 3rd and 4th units offer 2 bedrooms, 1 bath, and a living room. Close to shopping and transportation! Full, unfinished basement. Exclusive 6-car parking lot is adjacent to the property. Do not miss this opportunity! Total Operating Expense: $17,046/Year, Gross Operating Income: $59,400, & Net Operating Income: $43,354. Expenses include taxes, insurance, water, sewer, & alarm system.

Details

MLS#3487905
Sub-TypeResale
StatusActive
Year1930
Days On Site152

Features

Units4
Building(s)1

Additional Information

Annual Tax Amount11446
Assesed Tax Valuation213400
Tax ID5.364
Tax Rate2017
Tax Rate Year2017

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Area Information

StateNJ
CountyPassaic
CityClifton City
Zip Code07011
AreaPassaic
Listing VS Median (in 07011)
Price:
$629,000
low | high
Med:
$300,000
100% of Average
On Site:
152
low | high
Med:
4
100% of Average
Listing Updated: 12/15/2018
MLS Number: 3487905
Listing Provided By:
OKDEMIR SALIH  of  RE MAX TRUST PROPERTIES