About This Home
This 5-bedroom, 4-bathroom residential multi family at 89 BURGESS PL in Passaic, NJ is listed for $699,000. on a N/A lot.
Property Details
Exceptional turnkey two-family opportunity offering income, flexibility, and a highly convenient location. Fully renovated in 2021, this well-maintained property features a 2-bedroom first-floor residence with generous living and dining areas, plus a 3-bedroom second-floor residence with a full bath.
Separate finished basement and attic spaces, each with legal kitchens and bathrooms, add valuable flexibility for extended living, storage, or other permitted uses. With an impressive current rent roll of $6,900 per month, this property is positioned to appeal to investors seeking dependable cash flow as well as owner-occupants looking to reduce monthly housing expenses through rental income.
Ideally located near public transportation, schools, parks, restaurants, and daily conveniences. Paved front yard offers low-maintenance appeal and potential future driveway possibilities with municipal approval. A compelling income-producing asset with room to support both lifestyle and long-term wealth building.
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
89 BURGESS PL
Passaic, NJ 07055
Questions & Answers
This 5-bedroom, 4-bathroom residential multi family at 89 BURGESS PL is listed at $699,000. The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
This property is listed by BORIS SAHARIG and can be reached at 8885016953.
