Description
RARE INVESTMENT OPPORTUNITY to own this beautifully updated four family home situated on a charming treelined street. The property is located in the heart of Cliffside Park with shopping, restaurants, and transportation to NYC only a block away. All utilities separate with the exception of water, laundry on-site & coin operated, and detached two car garage w/ additional spots. Current gross income is $79,440 with the potential to increase $93,000 annually based on current market rents. Potential net income of $73,090 would result in a cap rate of 5.67% at list price.
Location
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8 Beds
14 Baths
$10,900,000
MLS# 21045270
ACTIVE
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Office phone: (201) 840-8898 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 Simply Real Estate 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. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. 2022 New Jersey Multiple Listing Service, Inc. All rights reserved. Updated: 26th March, 2023 6:15 AM (UTC)
Listing Agent: Elina Policastro | Agent phone: (201) 424-8213
Listing Office: Prominent Properties Sotheby's International Realty-Edgewater | Office phone: (201) 840-8898
