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305 Totowa Rd

Totowa Boro, NJ 07512
  • $398,000
  • STATUS: Active
  • ON SITE: 244 Days
  • MLS #: 3714656
$398,000
  • 2
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Attention all investors welcome home to this rare 3 unit property located in a non flood location of Totowa. This property has been well maintained by its owner and includes a recently updated 1 bedroom first floor unit which is currently vacant. The 2nd floor unit of the property is currently tenant occupied on a month to month lease and also was recently updated. Both the 1st and 2nd floor units include a bedroom, living room and eat in kitchen. Finally there is a commercial 3rd unit of the property on the 1st level that is also tenant occupied on a month to month lease. There is a driveway and parking in the back for up to 5 cars and a unfinished basement as well. The owner was an electrician by trade and the electric and utilities are all in good shape. Lots of possibilities with this property! Rents under market value. Current tenants have expressed they would like to stay and would be willing to pay increased rents.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zebaida Group at Keller Williams Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Zebaida Group at Keller Williams Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-22T23:46:07.573.
www.zebaidagroup.com/homes/117516219
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305 Totowa Rd Totowa Boro, NJ 07512

  • Price: $398,000
  • Status: Active
  • On Site: 244 Days
  • MLS #: 3714656
2
Beds
2
Baths
2
½ Baths
0.09
Acres
County:
Passaic
Area:
Totowa Boro
Elementary School:
Memorial
Middle School:
Washington Pk
High School:
P V H S
Property Description
Attention all investors welcome home to this rare 3 unit property located in a non flood location of Totowa. This property has been well maintained by its owner and includes a recently updated 1 bedroom first floor unit which is currently vacant. The 2nd floor unit of the property is currently tenant occupied on a month to month lease and also was recently updated. Both the 1st and 2nd floor units include a bedroom, living room and eat in kitchen. Finally there is a commercial 3rd unit of the property on the 1st level that is also tenant occupied on a month to month lease. There is a driveway and parking in the back for up to 5 cars and a unfinished basement as well. The owner was an electrician by trade and the electric and utilities are all in good shape. Lots of possibilities with this property! Rents under market value. Current tenants have expressed they would like to stay and would be willing to pay increased rents.
Exterior Features

Approximate Lot Size 40X97 Exterior Description Aluminum Siding Exterior Features Open Porch(Es)Sidewalk Lot Description Level Lot Number Of Parking Spaces 5 Parking Driveway Description 1 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling None Heating 2 UnitsForced Hot AirRadiators - Steam Interior Features Carbon Monoxide DetectorCarpetingFire ExtinguisherSmoke Detector Total Number Of Rooms 8 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 3 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 3 Unit2 Sq Ft 0 Unit3 Baths 2.0 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description See Remarks Unit3 Rooms 2 Unit3 Sq Ft 0

Property Features

Assessment Total 299200 Building Assessment 160600 Easement Unknown Expenses Include Cold WaterInsuranceSee RemarksTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 31680 Land Assessment 138600 Net Operating Income 21680 Services Cable Tv Sewer Public Sewer Tax Amount 7246 Tax Rate Amount 2.422 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 10000 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays HeatTenant Pays ElectricTenant Pays Gas Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays HeatTenant Pays Electric Unit2 Rent 965 Unit2 Security Deposit 965 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 575 Unit3 Security Deposit 575 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Leopizzi Real Estate Agency.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zebaida Group at Keller Williams Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Zebaida Group at Keller Williams Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-22T23:46:07.573.
 
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Zebaida Group at Keller Williams Realty
4245 Town Center Way
Livingston NJ, 07039