Fully occupied investment prop feat. 6-room bi-level unit w/ 4-BD, EIK & living room. Sep. tenant utilities; electric/cooking gas/heat/hw. Income producing 8.24% Going-In Cap Rate & +13% Cash-on-Cash. Upgraded Goodman Forced Hot Air heating system (Unit 2;2nd Floor) represents primary capital improvement completed in Year 2018. Investment property opportunity ideal for 1) Buy/Hold performance Investors seeking immediate cashflow for long-term hold and 2) Potential owner-occupants w/ move-in date flexibility. Property is for sale individually or as part of stabilized/income producing 4-building Paterson-based multifamily portfolio - refer to MLS 3463933, 3463944, and 3463950.
|Days On Site||148|
|Annual Tax Amount||4867|
|Assesed Tax Valuation||117000|
|Tax Rate Year||2017|