490 Larch Active

Bogota,NJ 07603

$ 760000

- Bed

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24033234

Style 2 Family

Full Baths 3

Property Sub-Type 2 Family

Property Description

Great opportunity to invest and/or owner-occupy and collect strong rental income. +/- 5.5% cap rate for the savvy cash buyer in this shifting market. Property can still be cash flow positive even with climbing interest rates-- Non-QM loans and creative financing available. This well-maintained, high income-producing 2 family is in a very desirable neighborhood and conveniently located to everything in Bogota and neighboring towns. Affordable property taxes, maintenance, and low carrying costs-- with projected 2025 gross income over $57,000 per year. Income and expenses can be available upon request. Second floor unit is currently Month-to-Month and may be vacated for a potential for owner-operator to use.

Location

State NJ

County Bergen

Interior

Laundry In Unit

Exterior

Garage Spaces 2.0

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