976 Main Ave, Passaic City, NJ 07055

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List Price
$1,049,999
Days on Market
2
Status
ACTIVE
MLS#
4054081
Lot Size (Acres)
0.07
Year Built
1947

Property Description

Exceptional turn-key mixed-use opportunity offering multiple income streams and excellent versatility for investors and owner-occupants. This substantially renovated property features four income-producing units, plus additional revenue from an on-site billboard. The billboard agreement also includes valuable roof maintenance and repair provisions. The first floor includes approximately 1,100 square feet of flexible office space with multiple rooms and convenient amenities, along with a beautifully renovated studio apartment. The second floor offers an updated one-bedroom apartment and a spacious two-bedroom apartment ready for the new owner's personal improvements and vision. Ideally located on Main Avenue near shopping, dining, public transportation, and everyday conveniences. The unused rear lot presents an exciting opportunity to add parking or explore future expansion possibilities. Live in one unit while generating income from the others, operate your business on-site, or add a versatile mixed-use property with outstanding potential to your investment portfolio. Take advantage of this exceptional income-producing opportunity in a prime commercial location; it won't last long.

Additional Information

Area
Passaic City
Basement Desc
Full, Unfinished
Utilities
All Underground
Taxes
$7,800
Exterior
Brick/Block
Water
Public Water
Basement
Yes
Cooling
1 Unit, Central Air, Window A/C(s)
Roof
Flat
Show Address
Yes

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of WEICHERT REALTORS, Contact: 646-294-2931

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