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405 Lexington Ave

Clifton City, NJ 07011
  • $999,900
  • STATUS: Active
  • ON SITE: 101 Days
  • MLS #: 3745780
UPDATED: 66 min ago
$999,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,999
    SQFT
  • $100
    $/SQFT
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Great investment opportunity in Clifton! The front of the building is a restaurant currently leased for $2,100 increasing by $100 every year with a lease that will expire in 2026. There are four identical residential units that all contain a kitchen, living room, two bedrooms, and a full bathroom. The first unit is currently rented for $1,100, and the second, third and fourth units are rented for $950 each all on month to month leases. There is also a business that is rented for $1,600 plus all utilities with a lease that will expire in 2030. This property also features separate electric and gas. Reach today to schedule your private showing!

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or All Towne Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than All Towne Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-21T20:46:26.5.
www.alltownerealty.com/homes/122279175
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405 Lexington Ave Clifton City, NJ 07011

  • Price: $999,900
  • Status: Active
  • On Site: 101 Days
  • Updated: 66 min ago
  • MLS #: 3745780
0
Beds
0
Baths
0
½ Baths
0.1
Acres
9,999
SQFT
$100
$/SQFT
1900
Built
County:
Passaic
Area:
Clifton City
Property Description
Great investment opportunity in Clifton! The front of the building is a restaurant currently leased for $2,100 increasing by $100 every year with a lease that will expire in 2026. There are four identical residential units that all contain a kitchen, living room, two bedrooms, and a full bathroom. The first unit is currently rented for $1,100, and the second, third and fourth units are rented for $950 each all on month to month leases. There is also a business that is rented for $1,600 plus all utilities with a lease that will expire in 2030. This property also features separate electric and gas. Reach today to schedule your private showing!
Exterior Features

Approximate Lot Size 25X110 Available Parking Spaces 0 Construction Brick/Block Exterior Description Brick/Block Location Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description None Roof Description Flat

Interior Features

Basement No Cooling Central AirWall A/C Unit(S)Window A/C(S) Equipment Available Fire AlarmSmoke Detector Heating See Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 6 Office Sq Ft 99999

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Net Operating Income 76204 Owner Pays Water Primary Property Type Mixeduse Property Type Mixed Use Sale Includes Building & Business Sewer Public Sewer Suite Number 0 Tax Amount 12062 Tax Rate Amount 5.493 Tax Rate Year 2020 Tax Year 2020 Tenant Pays ElectricGas Total Operating Expense 17396 Utilities All Underground Water Public Water Year Built Description Approximate Zoning Mixed Use

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Excellence.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or All Towne Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than All Towne Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-21T20:46:26.5.
 
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