3 School St
Passaic,
NJ
07055
- Commercial
- Sold
- Misc
- ML# 202027613
Property Details
Overview
This unique 6 unit investment property with separate utilities yielding a 7% cap rate is an exciting value proposition for the right motivated buyer. Under market gross Rents coming in at $63, 420 and property holds an active green card. 4 water heaters replaced earlier this year in 2020, and 2 in 2018. New furnaces and roof installed in 2015. Furnaces are on PSEG's WORRY FREE contract and the roof was recently maintained this past October. All tenants are respectable with month to month agreements and post timely rent. Feel confident with its sense of pride and security, as this property was held by its sellers for the past 40 years. The right buyer at the right price. Prepare your offers, let's close!
Key Facts
- •Taxes: $12,126
- •Type Sale: For Sale
•Block: 04075
- •Lot: 00052
Listing Information provided courtesy of
LIBERTY REALTY LLC. Call at 201-222-2900