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Cindy Huang

cindyhuangrealtor@gmail.com +1(201) 647-6663

$ 1,300,000

Est. payment | -/mo

9,274 SqFt

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$ 1,300,000

Est. payment | -/mo

Save

9,274 SqFt

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 9,274 sqft

Price per Sqft $140

MLS Listing ID 4041108

Year Built 1973

Annual Tax Amount $17,596

Tax Year 2025

Lot Size 9,147 Sqft

Property Description

Exceptional investment opportunity to own a fully occupied 6-unit apartment building with a basement in one of Clifton's most desirable neighborhoods. This solid two-story brick building features six 1-bedroom, 1-bath apartments, all currently rented with leases in place, providing immediate and steady rental income.The property also includes 16 parking spaces, offering an additional source of income. There is an excellent upside potential for future investors by installing a coin-operated laundry facility in the basement or leasing basement storage-bins to tenants, while also increasing revenue through tenant parking fees. Recent improvements include a new roof and a newer water heater, minimizing near-term capital expenses. Conveniently located near schools, shopping, public transportation, and major highways, this property is well- positioned in a high-demand rental market. ROI information is available upon request. Proof of funds or mortgage pre-approval is required before showings can be scheduled.

Location

State NJ

County Passaic

Zoning residential

Rooms

Basement Finished-Partially

Interior

Heating Electric

Cooling Window A/C(s)

Equipment Fire Alarm

Heat Source Electric

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground

Roof Type Asphalt Shingle

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by RE/MAX PROPERTIES

Nearby Locations

"My job is to protect your interests and guide you through every step of buying, selling, or investing in New Jersey real estate."

+1(201) 647-6663

cindyhuangrealtor@gmail.com

165 Passaic Ave, Suite 205, Fairfield, New Jersey 07004, USA

128 Highland Ave Clifton City, NJ 07011

Cindy Huang

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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128 Highland Ave