Two-story brick buildingNewer water heaterNew roof
Exceptional investment opportunity to own a fully occupied 6-unit apartment building with a basement in one of Clifton's most desirable neighborhoods. This solid two-story brick building features six 1-bedroom, 1-bath apartments, all currently rented with leases in place, providing immediate and steady rental income. The property also includes 16 parking spaces, offering an additional source of income. There is excellent value-add potential for future investors by installing a coin-operated laundry facility or leasing basement storage bins to tenants, while also increasing revenue through tenant parking fees. Recent improvements include a new roof and a newer water heater, minimizing near-term capital expenses. Conveniently located near schools, shopping, public transportation, and major highways, this property is well-positioned in a high-demand rental market. Proof of funds or mortgage pre-approval is required before showings can be scheduled.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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