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The Mountaintop Group
89 Burgess Pl, Passaic City, NJ 07055
- $699,000
- 5
- BD
- 4
- BA
- List Price
- $699,000
- Days on Market
- 20
- Status
- ACTIVE
- MLS#
- 4054994
- Bedrooms
- 5
- Bathrooms
- 4
- Full Baths
- 4
- Lot Size (Acres)
- 0.07
- Year Built
- 1910
Property Description
Exceptional turnkey two-family opportunity offering income, flexibility, and a highly convenient location. Fully renovated in 2021, this well-maintained property features a 2-bedroom first-floor residence with generous living and dining areas, plus a 3-bedroom second-floor residence with a full bath. Separate finished basement and attic spaces, each with legal kitchens and bathrooms, add valuable flexibility for extended living, storage, or other permitted uses.With an impressive current rent roll of $6,900 per month, this property is positioned to appeal to investors seeking dependable cash flow as well as owner-occupants looking to reduce monthly housing expenses through rental income. Ideally located near public transportation, schools, parks, restaurants, and daily conveniences. Paved front yard offers low-maintenance appeal and potential future driveway possibilities with municipal approval. A compelling income-producing asset with room to support both lifestyle and long-term wealth building.
Additional Information
- Area
- Passaic City
- Basement Desc
- Finished, Full, Walkout
- Utilities
- Gas-Natural
- Taxes
- $12,527
- Exterior
- Aluminum Siding
- Lot Description
- Irregular Lot
- Water
- Public Water
- Basement
- Yes
- Cooling
- Window A/C(s)
- Interior
- Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors
- Roof
- Asphalt Shingle
- Show Address
- Yes
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Listing Courtesy Of UNITED REAL ESTATE, Contact: 973-941-5100
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