773-775 Florence Place, Cliffside Park, NJ 07010 (MLS # 22034918)

Listed with Elina Policastro | (201) 424-8213, Prominent Properties Sotheby's International Realty-Edgewater

Price $1,288,000
Status Active
Beds 4
Baths 4 Baths
Home size n/a
Lot Size n/a
Days on Market 68
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.
Property Type(s): Multi Family
Last Updated 9/21/2022 Tract 0206
Year Built 0 Community Cliffside Park
County BERGEN

Additional Details

AIR Baseboard, Gas
AREA Cliffside Park
BASEMENT None
EXTERIOR Other
GARAGE Detached, Yes
HEAT Baseboard, Gas
INTERIOR Hdwd As In, Sprinklers
LOT DESCRIPTION Regular
SUBDIVISION 0206
TAXES 13795
UTILITIES Sep Elec,Sep Gas
VIEW DESCRIPTION East
WATERFRONT DESCRIPTION None

Location

 

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All information deemed reliable but not guaranteed. Last date updated: 11/28/22 4:21 AM PST Source: New Jersey Multiple Listing, Inc.

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