Legal four family brick building located on a corner property in Clifton offering a strong investment opportunity with additional upside potential. The property features four fully rented apartments consisting of two one bedroom units and two two bedroom units with established tenants providing immediate rental income. The building offers approximately 3,044 square feet and includes a two car garage. A huge unfinished attic and a spacious unfinished basement provide excellent potential for additional storage or future possibilities subject to buyer verification. The basement also includes a designated laundry area for each apartment. Property is well maintained and benefits from low property taxes, making it an attractive option for investors seeking strong long term returns in a high demand rental market. Conveniently located near major highways, public transportation, shopping, and local amenities. Property is being sold strictly As Is Where Is. Buyer responsible for all municipal inspections, certifications, and due diligence.
Amenities
This listing is a courtesy of Realty One Group Legend, Clifton
973-772-0660 office, listing agent Sol Castanos
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
