For Sale
Multi-Family
MLS# 4050592
247 Hope Ave
Passaic City, NJ 07055
$799,000
- 8Beds
- 4Baths
- 0.22Acres
- 2025Built
Passaic City, NJ 07055
$799,000
Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.
Questions on 247 Hope Ave, Passaic City, NJ 07055, or want to see it in person?
Listed by COLDWELL BANKER REALTY
Real estate in Northern New Jersey — honest, experienced, and with you long after the ink dries.
Contact
Keller Williams Prosperity Realty
1700 Rt. 23 N, Suite 300, Wayne, NJ 07470
973-370-9539 Team@ThePatLoweGroup.com
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