490 Larch Avenue Active Save Request In-Person Tour Request Virtual Tour
Bogota,NJ 07603
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24033234
Style 2 Family
Bedrooms 4
Full Baths 3
Annual Tax Amount $13,114
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
Area Bogota
Interior
Heating Baseboard,Gas,Hot Air,O/See Remk,Radiators,Multi-Zone
Fireplaces Type None
Laundry In Unit
Exterior
Exterior Feature Other
Garage Detached,O/See Remk
Utilities Available Sep Elec,Sep Gas,Sep Heat
Waterfront Description None
View East
Building
Lot Description Regular
Architectural Style Top/Btm
Others
Ownership Private
Miscellaneous None