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$2,400,000 OFF MARKET: 13 Unit Building Passaic $2.4M (Passaic)

I am excited to bring to your attention a unique off-market property that has recently become available for acquisition. This exceptional investment opportunity is located at in the city of Passaic, and comprises a robust income producing brick building.

Key Property Details:
Unit Composition: 13 Apartments with storage area (rented to contractor)
Bedrooms: 19
Baths: 13
Parking Spaces: 11
Gross Rent: $229,716.00
Expenses: $57,529.00
Net Income: $172,182.00
*Asking Price: $2,400,000.00*


This property presents a lucrative investment prospect, offering a substantial net income. The well-maintained brick building and ample parking facilities make it an appealing choice for tenants seeking quality accommodation within the area.

Given the recent uptick in the real estate market in Passaic, this is an opportune moment to consider adding this asset to your investment portfolio. The property's strong financial performance, combined with its prime location and potential for increased rental income, positions it as a promising addition to any discerning investor's portfolio.
Please express your interest at your earliest convenience, as this off-market opportunity is generating substantial interest within our network. I look forward to the opportunity to discuss this exciting prospect with you in more detail.

This is a direct-to-buyer sale, so serious inquiries only (no buyer agent commission offered/ no wholesalers). No seller financing available.

post id: 7746641391

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