1266 Teaneck Rd #16, Teaneck, NJ 07666

Excellent Investment Property with desirable 6% Cap Rate (return on investment). Low Maintenance & Taxes. Set back in the rear portion of the park like Courtyard. Spacious 1 bedroom 2nd floor corner apartment with bright South Western exposure. Many updates, this home has been maintained with pride. Comfortable open layout: living room, dining area and kitchen. Large bedroom and bath. Huge closet space. Located in the rear corner off the Courtyard away from the street. Tenant pays heat, hot water & electric. Move-in condition. Freshly painted, Hardwood floors refinished. Renovated kitchen & bath. Coin operated washer/dryer in the basement. Assigned off street parking space. Currently Leased through July 2015, which will become month to month to an excellent Tenant, who has occupied the home for about 8 years. Perfect Income Property. If Buyer plans to occupy, Tenant will relocate with 30 days notice. Cats allowed, dogs under 35 pounds allowed.