Bogota490 Larch Avenue

490 Larch Avenue
Bogota, NJ 07603

$760,000
For Sale
Open House
Size
4
Bedrooms
3
Full Baths
Financial
Details
Villas / Townhouses
Property Type
F960504907
Web Id
24033234
MLS ID
550
Days Posted

Description

490 Larch Avenue, Bogota, NJ 07603

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.
Listing by Sung Min Yoo, (201) 894-8004, Keller Williams Town Life
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