367 Monroe Street Passaic City, NJ 07055

$650,000
11
Beds
3
Baths
0.00
Acres
$650,000
11
Beds
3
Baths
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active
1/20
Street View

A versatile multi-family property featuring two spacious family units and a large third-level unit with tons of potential for additional living space or storage. Each unit includes 4 bedrooms, 1 bathroom, a kitchen with pantry, and a living room. The property boasts a large unfinished basement, a fenced backyard accessible from all units, and street parking. Utilities include separate electrical panels, two natural gas furnaces, and two water heaters, with common area electricity and water billed to the owner. Current rental income is $1,750 for Unit #1 and $1,650 for Unit #2, with the third unit previously rented for $1,200. Tenants have a lease just renewed in January 2025 and are aware of the listing currently for sale. The property passed lead inspections in January 2025, House is being sold "AS IS" Condition and is conveniently located near public transportation, shopping, restaurants, and schools. Don't miss this opportunity for great rental potential in a prime location!

A versatile multi-family property featuring two spacious family units and a large third-level unit with tons of potential for additional living space or storage. Each unit includes 4 bedrooms, 1 bathroom, a kitchen with pantry, and a living room. The property boasts a large unfinished basement, a fenced backyard accessible from all units, and street parking. Utilities include separate electrical panels, two natural gas furnaces, and two water heaters, with common area electricity and water billed to the owner. Current rental income is $1,750 for Unit #1 and $1,650 for Unit #2, with the third unit previously rented for $1,200. Tenants have a lease just renewed in January 2025 and are aware of the listing currently for sale. The property passed lead inspections in January 2025, House is being sold "AS IS" Condition and is conveniently located near public transportation, shopping, restaurants, and schools. Don't miss this opportunity for great rental potential in a prime location!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Passaic
  • Tax Amount
    $10,827
  • Status
    Active
  • Listing #
    3949944
  • Built
    1900
  • Lot Size
    0.00
  • Listed on site
    10 days

Listed by:
Real

Source:
Garden State MLS

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Property details

Exterior features

  • Basement

Interior Features

  • Basement Partially Finished
  • Basement Finished
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Photo of Tetyana Kolosovska
Tetyana Kolosovska