EXCEPTIONAL INVESTMENT OPPORTUNITY!!! This well-maintained, solid brick 6-unit apartment building features six spacious 2-bedroom apartments and offers an attractive 7.5% cap rate, making it an excellent addition to any investment portfolio. Situated on a desirable corner lot in one of Passaic's most sought-after neighborhoods, the property is conveniently located near major highways, shopping, restaurants, schools, public transportation, and other everyday amenities, ensuring strong tenant demand. As an added bonus, the seller is also offering the neighboring property at 37 Krueger Place for sale, with preference given to buyers interested in purchasing both properties as a package, creating a rare opportunity to acquire two adjacent income-producing assets.
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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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