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Listed by Pina Nazario Coldwell Banker, Clifton
$ 899,000
Est. payment /mo
New
247 Hope AVE Passaic, NJ 07055
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26033223
Style 2 Family
Bedrooms 8
Full Baths 4
Property Sub-Type 2 Family
Property Description
Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.
Location
State NJ
County Passaic
Interior
Laundry See Remarks
Will Alfaro
Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178