35 Krueger Pl, Passaic City, NJ 07055

$1,199,000

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List Price
$1,199,000
Days on Market
2
Status
ACTIVE
MLS#
4043179
Lot Size (Acres)
0.06
Year Built
1900
County
Passaic

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY!!! This well-maintained, solid brick 6-unit apartment building features six spacious 2-bedroom apartments and offers an attractive 7.5% cap rate, making it an excellent addition to any investment portfolio. Situated on a desirable corner lot in one of Passaic's most sought-after neighborhoods, the property is conveniently located near major highways, shopping, restaurants, schools, public transportation, and other everyday amenities, ensuring strong tenant demand. As an added bonus, the seller is also offering the neighboring property at 37 Krueger Place for sale, with preference given to buyers interested in purchasing both properties as a package, creating a rare opportunity to acquire two adjacent income-producing assets.

Additional Information

Heating
4+ Units, Forced Hot Air
Cooling
No Cool
Roof
Flat, Rubberized
Utilities
All Underground
Water
Public Water
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing Courtesy Of NEW AND MODERN GROUP, Contact: 908-416-2523