Properties

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!

Features

  • Heating System : See Remarks
  • Cooling System : See Remarks
  • Basement : Finished-partially
  • Roof Deck : Asphalt Shingle
  • Parking Description: See Remarks
  • Tax Assessed Valuation: 262600
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural
  • Internet

Additional Info

  • Office Name: REAL
  • Office MLS ID: 4989
  • Agent ID: 399803
  • Tax: 10827
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$620,000

367 Monroe St, Passaic City, *

  • SQFT 29 Acre
  • Bedroom 11
  • Built Year 1900

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5342961
  • Price: $620,000
  • Bedrooms: 11
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1900
  • Year Built Description: Unknown
  • Lot Area: 29 Acre
  • Status: Active
  • Days On Market: 37

Contact Agent

Map

Address Map

  • Country US
  • County Passaic
  • City Passaic City
  • Zipcode *
  • Street: Monroe St
  • Street Number: 367
  • Street Direction: Main Street to Monroe
  • Floor Number: 0
  • Longitude: W75° 52' 9.5''
  • Latitude: N40° 51' 48.7''
  • Internet Display Address: Yes
Property