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Listed by Sung Min Yoo Keller Williams Town Life
$ 760,000
Est. payment /mo
Active
490 Larch Bogota, NJ 07603
3 Baths
UPDATED:
01/29/2025 07:40 PM
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
