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Listed by Mitchell Massaro New and Modern Group
$ 499,000
Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 26002790
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Solid mixed-use building at 1449 Teaneck Rd featuring a 2BR residential unit plus street-level storefront on a 20’ x 96’ lot. Concrete construction (1930) with no exterior maintenance. Zoned Business/Residential. Current income: $1,900/mo (2BR) and $1,600/mo (store) with clear upside potential in both units. Annual taxes approx. $11,180. 2 bed renovated in 2015 and in good condition, offering immediate cash flow with value-add opportunity through storefront renovation and rent increases. Residential unit heated by hot water boiler; storefront uses hot air heat, both window A/C. Tenant pay utilities, PSEG High-visibility Teaneck Rd location ideal for investors seeking stable income with long-term appreciation. Both units long term tenants who want to stay.
Location
State NJ
County Bergen
Nearby Locations
"Elevating Real Estate Dreams with Heart and Expertise."
111 Howard Blvd. Suite 202, Arlington, Jersey 07856, United States