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Listed by Mirjana Lambasa • Royal Signature Realty, LLC • (201) 805-4173
$ 1,880,000
Est. payment | /mo
$ 1,880,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type 5+Family
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 24033076
Style 5+Family
Annual Tax Amount $18,586
Property Description
*AAA location* A dramatic, *income-producing 6 FAMILY UNIT* on prestigious Gorge Rd in Cliffside Park. Convenient access to transportation options such as buses, ferries, and light rail; commuting to Manhattan is a breeze. Tenants will appreciate the short travel time to Midtown and Downtown NYC, allowing them to enjoy all the benefits of city living while residing in the tranquil setting of Cliffside Park. *** INVESTOR'S DREAM!!!Meticulously cared for years, hardwood flooring inlays, roof just 10 years old , new energy efficient boiler * 6 Car Parking, and much more. This rare gem has same ownership for the last 40 years. The building is fully occupied and generates a net annual income of (5.8%) per year with potential rent of (6.7%). This beautiful boutique building is an investment opportunity not to be missed on the most desired street of River Road.
Location
State NJ
County Bergen
Area Cliffside Park
Exterior
Utilities Available Munincipal Water
Roof Type Peaked
"Elevating Real Estate Dreams with Heart and Expertise."
111 Howard Blvd. Suite 202, Arlington, Jersey, 07856, United States