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$ 900,000
Est. payment /mo
Under Contract
253 Degraw Ave Teaneck Twp., NJ 07666
4,000 SqFt
UPDATED:
10/25/2024 04:27 PM
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $225
MLS Listing ID 3911902
Year Built 1925
Annual Tax Amount $16,807
Tax Year 2023
Lot Size 3,920 Sqft
Property Description
Seize the opportunity to own two side-by-side mixed-use properties in the heart of Teaneck, New Jersey. These well-positioned buildings present a rare chance to acquire significant real estate assets in a bustling commercial district. Both properties feature a blend of retail and residential units, creating a balanced income stream that leverages Teaneck's dynamic market dynamics. The commercial spaces are ideally suited for high-traffic businesses seeking visibility and accessibility, while the residential units appeal to a steady rental market, ensuring continuous occupancy.Invest in a location that stands the test of time, offering both immediate returns and long-term growth potential. These legacy buildings represent more than just an investment; they are a cornerstone for future generations to build upon.Ideal for savvy investors looking to expand their portfolio with stable, high-yield assets, these properties promise not only financial rewards but also the opportunity to own a part of Teaneck's vibrant community. Don't miss out on this incredible investment opportunity to buy into a location and legacy that will deliver returns for years to come.
Location
State NJ
County Bergen
Zoning B1
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Equipment Appliances, Fire Alarm, Fixtures, Kitchen Area, Restrooms - Private, Smoke Detector, Sprinkler System
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Gas In Street
Roof Type Rubberized
Parking Type None
Building
Story 2
Water Public Water
Others
Ownership Fee Simple
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Listed by REALTY ONE GROUP PARAMOUNT