Exceptional turn-key mixed-use opportunity offering multiple income streams and excellent versatility for investors and owner-occupants. This substantially renovated property features four income-producing units, plus additional revenue from an on-site billboard. The billboard agreement also includes valuable roof maintenance and repair provisions. The first floor includes approximately 1,100 square feet of flexible office space with multiple rooms and convenient amenities, along with a beautifully renovated studio apartment. The second floor offers an updated one-bedroom apartment and a spacious two-bedroom apartment ready for the new owner's personal improvements and vision. Ideally located on Main Avenue near shopping, dining, public transportation, and everyday conveniences. The unused rear lot presents an exciting opportunity to add parking or explore future expansion possibilities. Live in one unit while generating income from the others, operate your business on-site, or add a versatile mixed-use property with outstanding potential to your investment portfolio. Take advantage of this exceptional income-producing opportunity in a prime commercial location; it won't last long.
976 Main Ave, Passaic City NJ 07055-8535
Property City
Passaic City
Property Price
$1,049,999
Year Built
1947
Tax Annual Amount
$7800
TaxYear (*text)
2024
Roof (*text)
Flat
Floors No
Laminate, Tile, Wood
Lot Size Area
0.07
MLS Status
Active
MLS #
4054081
Yearly Tax Rate
4.123
Year Built (*numeric)
1947
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
1 Unit, Central Air, Window A/C(s)
Heating
4+ Units
Lot Size Dimensions
31X104
Data import from
GSMLS