132 Burgess Pl Under Contract

Passaic City,NJ 07055

$ 499000

7 Beds

2 Baths

19998 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 19,998 sqft

Price per Sqft $24

MLS Listing ID 3912673

Style 3-Three Story

Bedrooms 7

Full Baths 2

Year Built 1930

Annual Tax Amount $8,980

Tax Year 2023

Lot Size 3,049 Sqft

Property Description

Opportunity is Knocking! Introducing a fantastic investment opportunity in Passaic " a versatile 2-family home that's perfect for your portfolio! Live in one unit and rent out the other, or rent both to maximize your income potential. This property features a first-floor unit that has 3 bedrooms and 1 bath, currently rented (mtm) via Section 8, providing steady income. Second & Third Floors is a duplex-style unit with 4 bedrooms (2 on the 2nd fl and 2 more on the 3rd fl) and 1 bath, offering ample space and flexibility. Both units have separate utilities, adding to the convenience and appeal. The basement holds great potential to be finished and transformed for various uses, enhancing the property's value. This property does require some TLC to truly shine, it's priced to sell and presents an incredible opportunity for an owner-occupying buyer or a savvy investor. Don't miss out " see the potential for yourself and make this property yours today!

Location

State NJ

County Passaic

Zoning residential

Interior

Heating Electric, Gas-Natural

Cooling Ceiling Fan, Window A/C(s)

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas In Street

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Schools

Middle Schools Lincoln

High Schools Passaic

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