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Listed by Nicholas Salemme Prestige Property Group - Montclair
$ 850,000
Est. payment /mo
Under Contract
16 Madison AVE Clifton, NJ 07011
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 26021317
Style 2 Family
Bedrooms 7
Full Baths 3
Property Sub-Type 2 Family
Property Description
Investor Alert! Exceptional income producing multi family opportunity in Clifton. This two family home has tons of passive income potential! The first unit is vacant and features 3 bedrooms and 1 full bath, along with a large sized porch for your enjoyment. The second unit offers 4 bedrooms and 1 full bath, with a bonus room in the front! A finished attic with a separate entrance provides additional living space and flexibility. Additional highlights include a large sized deck off the rear of the house, separate utilities, and a professionally waterproofed basement, adding value and convenience. The rear of the property is a true money maker, featuring three garages and multiple parking spaces, creating several opportunities for additional rental income. Whether you’re an investor or owner occupant, this property checks all the boxes. Don’t miss this rare Clifton opportunity!
Location
State NJ
County Passaic
Interior
Laundry None
Exterior
Garage Spaces 3.0
Nearby Locations
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Your debt-to-income ratio is 36%
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