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Very rare opportunity to purchase existing 8 unit multifamily building with a net income of $120,000 plus approvals to build 4 townhomes on the empty lot next door. This is a package deal that has the potential to yield 300k+ in net income. 4 of the 8 units have been updated and owner has completely separated all utilities. On site parking lot. This is a strong hold opportunity!

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Street Address: 285 Orchard Terrace

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City: Bogota

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State: New Jersey

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Postal Code: 07603

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MLS Number: 24027215

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Courtesy of Keller Williams City Views Realty

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