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$ 650,000
Est. payment /mo
Active
367 Monroe St Passaic City, NJ 07055
11 Beds
3 Baths
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3949944
Style 3-Three Story
Bedrooms 11
Full Baths 3
Year Built 1900
Annual Tax Amount $10,827
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
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!
Location
State NJ
County Passaic
Rooms
Basement Finished-Partially
Interior
Heating Gas-Natural
Cooling See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Vertical Siding
Parking Features See Remarks
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No

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