Bought with Viktoriia Dmytruk Christie's International Real Estate Group-Paramus
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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 26002310
Sold Date 05/27/26
Style 4 Family
Bedrooms 8
Full Baths 4
Property Sub-Type 4 Family
Property Description
Investor's dream opportunity! This fully rented 4-family property offers immediate cash flow with all units on month-to-month leases, providing maximum flexibility for rent optimization. Each unit features 2 bedrooms and 1 bathroom, with the two upper units offering an additional sitting room. The building is equipped with four separate electric meters, along with a mix of heating systems two units with forced hot air and two with baseboard heat. While the property requires updating, it presents a strong value-add opportunity to significantly increase long-term returns. Flood insurance is required. A well-underutilized asset with substantial upside potential.
Location
State NJ
County Bergen
Interior
Laundry None
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