Bought with Linda Rowe Christie's International Real Estate Group-Ridgewood
$2,200,000
$2,295,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/01/2025
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type 5+Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24027215
Sold Date 07/01/25
Style 5+Family
Property Sub-Type 5+Family
Property Description
Very rare opportunity to purchase existing 8 unit multifamily building with a net income of $120,000 plus approvals to build 4 townhomes on the empty lot next door. This is a package deal that has the potential to yield 300k+ in net income. 4 of the 8 units have been updated and owner has completely separated all utilities. On site parking lot. This is a strong hold opportunity!
Location
State NJ
County Bergen
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Broker | Lic# 9798051