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773-775 Florence Place

Cliffside Park, NJ 07010
  • $1,288,000
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: 22034918
UPDATED: 77 min ago
$1,288,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

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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© 2023 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. 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 Kiliszek Real Estate Experts | Keller Williams Midtown Direct 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. Data last updated: 2023-01-28T23:16:23.563.
www.mynjhomesearch.net/homes/133296399
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773-775 Florence Place Cliffside Park, NJ 07010

  • Price: $1,288,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 77 min ago
  • MLS #: 22034918
4
Beds
4
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Cliffside Park
County:
Bergen
Area:
Cliffside Park
Property 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.
Exterior Features

Exterior Finish Other Garage Detached Lot Description Regular Style 4 Family Sub Style Mixedflr Views And Exposure East Waterfront None

Interior Features

Basement None Fireplace None Heat Cool BaseboardGas Laundry Coin/CardOnsite Rooms 17

Property Features

Flood Plain None Lifestyle Close/ParksClose/SchoolClose/ShopgClose/TransClose/WrshpOne Floor Living Miscellaneous Hdwd As InSprinklers Ownership Private Taxes 13795 Utilities Sep ElecSep Gas Year Built 1940'S

Listing provided by Elina Policastro of Prominent Properties Sotheby's International Realty-Edgewater: (201) 840-8898.


© 2023 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. 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 Kiliszek Real Estate Experts | Keller Williams Midtown Direct 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. Data last updated: 2023-01-28T23:16:23.563.
 
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