1109 Main Ave, Clifton City

$1,500,000
  • Remarks: Come see this immaculate seven unit mixed use building consisting of 1 commercial unit 2 two bedroom units & 4 studio apartments. The property is impeccably well maintained and ready to deliver stable returns to its new owner for years to come. The properties current gross income is 6,400, it boasts separate utilities, paying tenants and the ability to increase cashflow with simple renovations post tenant turnover (three units are currently MTM three units have leases that end spring summer 2022 attorney lease has 3 remaining years with a 5 year option). Great location destined for appreciation, dont miss your chance to own this mega multi today.

Property Details

  • MLS #: 3744369
  • Price: $1,500,000
  • Price Per Sq Ft: 313
  • Available Sq Ft: 4800
  • Number of Lavatories: 7
  • Building Sq Ft: 4800
  • Building #: 1109
  • County: Passaic
  • Office Sq Ft: 2400
  • Renovated Year: 2020
  • Status: Active
  • Style: Apartment Complex, Mixed Use
  • Year Built: 1930
  • Zip: 07011-2352

Interior Features

  • Num 2 Bdrm Units: 2
  • Num Units w/Full Bath: 6

Exterior Features

  • Cooling: No Cool
  • Heating: 4+ Units, Baseboard – Electric, Baseboard – Hotwater
  • Approximate Lot Size: 25X90
  • Total # Units: 7
  • Roof: Flat
  • Sewer: Public Sewer
  • Number of Stories: 3
  • Water: Public Water

Financial Information

  • CAM: 200
  • Construction: Brick/Block
  • County Tax: *
  • Equipment Available: Fire Alarm, Security System
  • Owner Pays: Water
  • Sale Includes: Building Only
  • Utilities: Gas-Natural
  • Zoning: Mixed use

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This Listing is Courtesy of: HEARTH REALTY GROUP. Disclaimer: This information is deemed reliable, but not guaranteed. The buyer is responsible for verifying all information. This information is provided for use by its members and is not intended for any other purpose. This information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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