Description
4 family with 6 garages, terrific location. Dwelling is in need of updates, rents are well below market value. Property being sold 'AS IS' with buyer responsible to obtain temporary Certificate of Occupancy to effectuate a closing. 4 separate gas & electric meters and separate hot water heaters and separate heating systems. Most windows were replaced. All rents below market value and on month to month tenancies. 1st fl 3 rms, 1 bedrm & bath $650, 2nd fl 6 rms, 2 bedrms & bath w/garage #1 $800, 3F 5 rms, 2 bedrms & bath $750, 3R 3 rms, 1 bedrm & bath $700. Garage rents: #2 $130, #3 $110, #4 $130, #5 $140, #6 $140. Current gross yearly income $42,600. Aprox Expenses: Taxes:$11,400, Water $2,000, Insurance $3,500 total $16,900. Current Net: $25,700 Potential rental income is significantly higher- No rent control in Harrison. State inspected in 4-17-2017.15 min to PATH station. All Cash Offers preferred- FHA or 203K Loan offers WILL NOT be considered.
Location
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Listing Agent: Jan Kwapniewski Courtesy of: Coccia Realty Better Homes & Gardens Office phone: (201) 997-7000 The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than New Jersey MLS are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. 2022 New Jersey Multiple Listing Service, Inc. All rights reserved. Updated: 20th May, 2022 3:18 AM (UTC)
