Exceptional opportunity to own a fully occupied 5-unit multifamily property in the heart of Passaic, offering immediate rental income and outstanding long-term investment potential. Each move-in ready unit features a living room, dining room, kitchen, 3 bedrooms, 1 full bath, a partially finished basement, and access to a private yard. Tenants pay their own utilities, helping to minimize owner expenses. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a strong cash-flowing asset, this property offers exceptional value and versatility. Conveniently located near major highways, public transportation, shopping, dining, schools, and other everyday amenities, providing excellent accessibility and strong tenant appeal. Property is being sold strictly AS-IS
| MLS # | 4042216 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1930 |
| Days On Site | 57 |
| Listing Provided By | KELLER WILLIAMS METROPOLITAN | JEREMY PAULINO |
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Zoning | R-3 |
| Property | 13838 |
|---|
| State | NJ |
|---|---|
| County | Passaic |
| City | Passaic City |
| Zip Code | 07055 |
| Area | Passaic |
| Listing VS Median (in 07055) | |
Price: $999,999 low | high Med: $61,550 On site: 57 low | high Med: 109.5 | |
| State | NJ |
|---|---|
| County | Passaic |
| City | Passaic City |
| Zip Code | 07055 |
| Area | Passaic |
| Listing VS Median (in 07055) | |
Price: $999,999 low | high Med: $61,550 On site: 57 low | high Med: 109.5 | |