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247 Hope Avenue,  PASSAIC, NJ 07055

 
 


Property Highlights

  • MLS #: 26033223
  • County: Passaic County
  • Type: RESIDENTIAL MULTI-FAMILY
  • Style:
  • Bedrooms: 8
  • Bathrooms: 4 full bath(s)
  • Number of rooms: 19
  • Garage/Parking: None
  • Taxes: $15,503

 

Asking Price $899,000

Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.

Features

 Year Built: 1900
 Garage: None
 Lot Desc: Regular
 Heating/Cooling Type: Gas,Hot Air
 Siding/Exterior: Other
 Fireplaces:

Listing Broker:
Coldwell Banker, Clifton
973-778-4500

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