Neighborhood Info
Building on high traffic road. NO Flood. Plenty parking on site. Restaurant rented $2400 p/mth with 2% raise per year. 8 yrs left in lease. 2nd floor is a 2BR apartment with LR/DR combo. Apartment rented $1200 p/mth. Tenants pay electricity, gas, water. Owner pays building insurance and property tax. Net about $35,500 p/yr.
Main Features
- Listing Status: Active
- County: Passaic
- Taxes: $6,694.00
- Tax Year: 2013
- Gross Income: $43,200.00
- Operating Expenses: $8,000.00
- Net Operating Income: $35,200.00
Neighborhood info courtesy of Homes.com © 2022
What's My Mortgage?
$38,769.95*