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.
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4BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
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.
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