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490 Larch Avenue , Bogota, NJ 07603

$760,000

Detail

  • Property ID: 24033234
  • Price: $760,000
  • Bedrooms: 4
  • Bathrooms: 3
  • Garage: Detached,O/See Remk
  • Year Built: 1900-1939,Renovated
  • Property Type: 2-4 Family
  • Property Status: For Sale

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.

  • Address: 490 Larch Avenue
  • City: Bogota
  • State/county: BERGEN / NJ
  • Zip/Postal Code: 07603
  • Country: United States

Listing provided by Keller Williams Town Life

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 2024-11-27 5:00 PM. Source: New Jersey Multiple Listing Service, Inc.

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