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8 bed, 3310 sqft, $250,000 75 Passaic Avenue, Ogdensburg, NJ 07439

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Beds Baths Sq Ft Price
8 beds 4.0 3,310 $250,000
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last updated: 21 days, 20 hours ago
Property Information
75 Passaic Avenue
Ogdensburg, NJ 07439
Condo Unit for Sale
Property size: 4 units
Description

Legal 4 unit property generating $40 500/yr with a cap rate of 15% Live in one unit and rent out the others. This building has a long history of paying tenants and a positive cash flow. AWESOME INVESTMENT OPPORTUNITY! Large 4 family Home - needs renovation & is priced for a quick sale Gross rental income could be $48-50 per year. An investment of $50 000-$80 000 would make a world of difference making your investment $300-$330k. Then you could look for a ROI of $31-$33k giving you a net income of approx $32k. WOW a 9.8% ROI....What a great time to become an investor/landlord!

Property Amenities
  • MLS Listing ID: 3129527
  • Year Built: 1917
  • Stories: 3
  • School District: Ogdensburg Borough
  • High School: WALLKILL
  • Middle School: OGDENSBURG
  • Elementary School: OGDENSBURG
  • Parking Type: Off Street
  • Room Count: 19
  • Heating fuel: Electric
  • Heating fuel: Oil
  • Heating system: Baseboard
 
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Schools
Students who live in this medium building at 75 Passaic Avenue attend the following Wallkill Valley Regional School District (Unified School District) and Ogdensburg Borough School District (Unified School District) public schools*:
School Level School
This medium building at 75 Passaic Avenue is within the boundaries of the following school districts*:
District Type School District
Unified School District Wallkill Valley Regional School District
Unified School District Ogdensburg Borough School District
 
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Surrounding Area Stats
Type This listing is priced
Zip Code the same as 07439 Condo Units for Sale
City the same as Condo Units for Sale in Ogdensburg
County the same as Sussex County Condo Units for Sale
State 39% less than NJ Condo Units for Sale
Unified School District the same as Condo Units for Sale near Wallkill Valley Regional School District
 
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