Asking Price $699,900
Attention investors! Don't miss this prime multi-family investment opportunity located in the heart of Passaic. This DUPLEX two-family property at 259-261 Highland Ave is tenant-occupied, providing immediate rental income, with strong upside potential for the right buyer willing to make value-add improvements. Each unit offers 3 bedrooms and 3 bathrooms, spacious layouts, and the property includes a full basement ideal for storage or additional rental possibilities. While the home does require repairs and updates, this is the perfect chance for an investor to unlock significant equity and maximize cash flow through renovations. Conveniently located near public transportation, major highways, schools, and shopping, this property is in a high-demand rental market, making it a solid long-term hold or repositioning opportunity.
| Year Built: | 1900 |
| Garage: | None |
| Lot Desc: | Regular |
| Heating/Cooling Type: | Baseboard,Gas |
| Siding/Exterior: | Aluminum, Brick |
| Fireplaces: |
Listing Broker:
EXP Realty, LLC
866-201-6210
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Information herein is deemed reliable but not guaranteed.
