Great opportunity to invest and/or owner-occupy and collect strong rental income. +/- 5.5% cap rate for the savvy cash buyer in this shifting market. Property can still be cash flow positive even with climbing interest rates-- Non-QM loans and creative financing available. This well-maintained, high income-producing 2 family is in a very desirable neighborhood and conveniently located to everything in Bogota and neighboring towns. Affordable property taxes, maintenance, and low carrying costs-- with projected 2025 gross income over $57,000 per year. Income and expenses can be available upon request. Second floor unit is currently Month-to-Month and may be vacated for a potential for owner-operator to use.
Welcome to this well maintained two family home that features four bright / airy rooms (one bedroom) on the first floor with modern kitchen and bath. Sliders open to an extra large two level deck with steps to a spacious landscaped backyard. Second floor apartment has four sundrenched rooms (one bedroom) with modern kitchen and bath and walk up attic. Home features a full basement, 4 plus car parking and is close proximity to New York City transportation. Conveniently located close to parks, schools, shopping and restaurants. Don't miss this great opportunity for homeowner or investor.
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!
Bogota is located in New Jersey. Bogota, New Jersey has a population of 8,830. Bogota is less family-centric than the surrounding county with 24.34% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Bogota, New Jersey is $104,949. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in Bogota is 42.3 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 47.1 inches per year, with 26.1 inches of snow per year.