490 Larch Avenue
Bogota, NJ 07603
#24033234
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.
Property Details
- Date ListedOctober 15, 2024
- Property TypePurchase
- Original List Price$760,000
- MLS #24033234
- Property Subtype2 Family
- MLS #24033234
- Cost760000
- Subdivision400
Location
Legal
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All information deemed reliable but not guaranteed. Last date updated: 01/09/2023
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Last Updated: . Source: NJMLS
Listing Courtesy
Listing Agent: 452455 (#452455), Phone: (201) 994-9295, Email: sung@piersinternational.com
Listing Office: Keller Williams Town Life (#56591)

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