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340 N 11th ST Prospect Park, NJ 07508
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Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23007178
Sold Date 06/15/23
Style 3 Family
Full Baths 3
Property Sub-Type 3 Family
Property Description
Attention all investors! Excellent cash flow investment property. Legal 3 family, all units are rented with great tenants. All tenants have proper COs and pay all utilities. The home has recently passed all state inspections. True investment with an approximate ROI or CAP rate of 8%. All electric heat, no boiler units to worry about. Tenants are all long-term and looking to remain in units. Ideal for an off-site owner. Minimum exterior maintenance. The current owner is moving from the area.
Location
State NJ
County Passaic
Interior
Laundry None
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