Bought with Julian C. Bargo Prominent Properties Sotheby's International Realty-Edgewater
For more information regarding the value of a property, please contact us for a free consultation.
773-775 Florence Cliffside Park, NJ 07010
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,060,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23003405
Sold Date 06/16/23
Style 4 Family
Full Baths 4
Property Sub-Type 4 Family
Property Description
RARE INVESTMENT OPPORTUNITY to own this beautifully updated four family home situated on a charming treelined street. The property is located in the heart of Cliffside Park with shopping, restaurants, and transportation to NYC only a block away. All utilities separate with the exception of water, laundry on-site & coin operated, and detached two car garage w/ additional spots. Current gross income is $79,440 with the potential to increase $93,000 annually based on current market rents. Potential net income of $73,090 would result in a cap rate of 5.67% at list price.
Location
State NJ
County Bergen
Interior
Laundry Coin/Card, In Unit
Exterior
Garage Spaces 2.0
Read Less
