490 Larch Avenue

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Address: 490 Larch Ave, Bogota, NJ 07603, USA
Created date: January 16, 2025
Date last updated: February 4, 2025

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $760,000
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 3
Address: 490 Larch Avenue, Bogota, NJ 07603, USA
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