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Listed by Pina Nazario Coldwell Banker, Clifton
$899,000
Est. payment /mo
8 Beds
4 Baths
New
247 Hope AVE Passaic, NJ 07055
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26033223
Style 2 Family
Bedrooms 8
Full Baths 4
Property Sub-Type 2 Family
Property Description
Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.
Location
State NJ
County Passaic
Interior
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Nearby Locations
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