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Listed by Sung Min Yoo • Keller Williams Town Life • (201) 994-9295

$760,000

Est. payment - /mo

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4 BD

3 BA

New

490 Larch Avenue Bogota, NJ 07603

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Isaac De Castro

idecastro@bhsusa.com +1(646) 626-7901

UPDATED:

10/17/2024 12:42 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

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

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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Isaac De Castro

490 Larch Avenue Bogota, NJ 07603

Isaac De Castro

Key Details

Location

Interior

Exterior

Building

Others

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490 Larch Avenue