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Hardmoney

3 Family 4 Sale - Passaic, NJ - rent roll $3,775/month

Posted by Joel Kraut on July 3, 2011 at 5:21pm

We have an outstanding 3 family for sale in Passaic.

The front of the building is newly stuccoed and the roof is new also.  Additionally all furnaces, hot water heaters, electrical systems are only 3 years old.  Windowns are also only 3 years old.

 

The building is made up of 3 units - $1,175 on ground floor, $1,200 on first level and $1,400 on top floor.  All tenants are long term and the neighborhood is very good - NOT NEWARK LIKE AT ALL

 

Taxes are $8,800 - Water/Sewer about $1,200/year and common area electric is $20/month or less.

Tenants pay their own heat and electric.

 

If you are looking for a cash flow dynamo this is the property for you.  Add directly to your portfolio and cash flow day !!

 

We are looking for $269,900.

 

Thanks,

 

Joel

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Replies

  • Hardmoney
    Joel Kraut July 7, 2011 at 7:18am

    Kathryn,

     

    Good morning.  Sorry I was on the road the last two days.

     

    Please call me at 732-598-0351 or jkraut@pranorth.com.

     

    I look forward to answering your questions.

     

    Joel

  • kathryn Spitz July 5, 2011 at 1:42pm
    Joel, what's your contact # and best time to call? Thanks
This reply was deleted.

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