371 River Road

Edgewater NJ 07020

Duplex

Currently for sale - view listing

Overview

AAA location on prestigious Gorge Rd in Cliffside Park, ?a dramatic, income-producing, 6-family. This is an investment opportunity not to be missed on the most desired street of River Road. Convenient access to transportation options such as buses, ferries, and light rail; commuting to Manhattan is a breeze. Tenants will appreciate the short travel time to Midtown and Downtown NYC, allowing them to enjoy all the benefits of city living while residing in the tranquil setting of Cliffside Park. ? ? ? ? ? ? ? ? ? ? *** INVESTOR'S DREAM!!! *** Meticulously cared for years, hardwood flooring inlays, roof is only 10 years old , new energy efficient? boiler, * 6 Car Parking *, and much more. This building has had the same ownership for the last 40 years. The building is fully occupied and generates a net annual income of $140.940(5.8%) per year with potential rent of (6.7%). Beautiful?boutique building for sale - investment opportunity, this rare gem is not to be missed on the? most desired street off River Road.

Features

10 bedrooms

6 bathrooms

Duplex

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