Bought with Johanna Ramirez Coldwell Banker, Clifton
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Key Details
Sold Price $999,000
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25012548
Style Colonial
Bedrooms 6
Full Baths 3
Annual Tax Amount $16,582
Property Sub-Type Colonial
Property Description
Investment Opportunity in Dumont! This well-maintained two-family home in the heart of Dumont is an excellent income-generating property with long-term tenants in place. First Floor Unit: Features a spacious open layout with a living room, dining room, and an eat-in kitchen, along with 3 bedrooms and 2 full baths. The unit includes a full finished basement, providing additional living space and functionality. This unit also offers a two-car garage and a driveway that can accommodate four additional vehicles. The current tenants pay $3,750/month and have already agreed to a 5% rent increase for renewal. Second Floor Unit: This bright and comfortable unit offers 3 bedrooms, a sitting area, and a kitchen. It has its own separate driveway with parking for at least two cars. The same reliable tenant has been renting for 7 consecutive years and is looking to renew for another year, currently paying $2,300/month. With a strong rental history and built-in income, this property is a turnkey investment in a desirable location. Don’t miss out on this fantastic opportunity!
Location
State NJ
County Bergen
Interior
Heating Baseboard, Gas
Cooling Central Air
Fireplaces Number 1 Fireplace, Gas
Exterior
Parking Features Attached, Park Space
Garage Spaces 2.0
Pool None
Waterfront Description None
Building
Lot Description Regular
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Alexander Moldoff
Broker Associate | License ID: 1007988
Broker Associate License ID: 1007988