to
Price per month Price Rent to
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$250K
8 beds / 4.0 baths

8 bed, 3310 sqft, $250,000

75 Passaic Avenue
Ogdensburg, NJ 07439

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Below is a snapshot of this listing from Jul 27, 2014.
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Beds Baths Sq ft Price
8 beds 4.0 Ba 3,310 $250K
Updated 3 months, 22 days ago
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
  • Cooling System: Wall Unit(s) A/C
  • Roof Type: Asphalt
  • Roof Type: Built-up
  • Exterior Type: Vinyl Siding
  • Architecture Style: Colonial
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*:
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
Listing Provided By:
201-446-1117
Surrounding Area Stats
Type This listing is priced
Zip Code 07439 Condo Units for Sale
Neighborhood South Ogdensburg Condo Units for Sale
City Condo Units for Sale in Ogdensburg
County 47% less than Sussex County Condo Units for Sale
State 37% less than NJ Condo Units for Sale
Unified School District Condo Units for Sale near Wallkill Valley Regional School District
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