A gem like this does not come to market often! 5-unit investment opportunity has been maintained immaculately. Property features 4, 1-bedroom apartments, commercial space, and a covered garage with 4 parking spots in total. An amazing 7% cap rate that cannot be passed up. Roof has been replaced within the last 4 years. Central A/c and forced hot air. Conveniently located near RT 21 and a 10-minute walk to Garfield train station. Schedule your appointment today.
Off market
$927,300
142 Passaic St, Passaic, NJ 07055
4beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$927,300 Zestimate®
$--/sqft
$3,478 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced air
Cooling
- Central
Features
- Basement: Unfinished
Property
Parking
- Total spaces: 3
- Parking features: Garage - Detached
Features
- Exterior features: Stucco, Brick
Lot
- Size: 2,500 sqft
Construction
Type & style
- Home type: MultiFamily
Community & neighborhood
Location
- Region: Passaic
HOA & financial
Other financial information
- Total actual rent: 6405
Other
Other facts
- Heating: Forced Air
- GarageYN: true
- Basement: Unfinished
- HeatingYN: true
- CoolingYN: true
- Exclusions: All personal property
- ConstructionMaterials: Stucco, Brick
- ParkingFeatures: Covered, Detached, Garage, 3+ Cars
- WaterSewerExpense: 500
- Cooling: Central Air
- InsuranceExpense: 3000
- Inclusions: Fixtures and appliances
- CoListAgentFullName: CORRADO GIANCASPRO
- MlsStatus: Active
- TotalActualRent: 6405
- CoListAgentEmail: bcmg@libertyrealty.com
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Estimated market value
$927,300