Bought with Helen Martino Christie's International Real Estate Group-Mahwah/Saddle River Regional Office
$959,000
$959,000
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5 Baths
SOLD DATE : 09/18/2024
Key Details
Sold Price $959,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24017790
Sold Date 09/18/24
Style 4 Family
Full Baths 4
Half Baths 1
Property Sub-Type 4 Family
Property Description
This exceptional multifamily property in the heart of Waldwick, NJ, is a prime investment opportunity. With a net income of $61,000 per year and a cap rate of over 6%, this four-family home offers solid financial returns. Conveniently located close to transportation and shopping, it provides tenants with easy access to essential amenities, ensuring high occupancy and demand. The property features a garage rented for $200 per month, adding an additional income stream. All units are currently occupied, highlighting its desirability and potential for future appreciation and rental income growth. Don't miss this chance to invest in a well-maintained multifamily home with significant income potential in a sought-after location.
Location
State NJ
County Bergen
Interior
Laundry In Unit
Exterior
Garage Spaces 1.0
Read Less Info
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