- 6 Beds
- 3 Total Baths
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Property Description
Investment Opportunity in Dumont! This well-maintained two-family home in the heart of Dumont is an excellent income-generating property with long-term tenants in place. First Floor Unit: Features a spacious open layout with a living room, dining room, and an eat-in kitchen, along with 3 bedrooms and 2 full baths. The unit includes a full finished basement, providing additional living space and functionality. This unit also offers a two-car garage and a driveway that can accommodate four additional vehicles. The current tenants pay $3,750/month and have already agreed to a 5% rent increase for renewal. Second Floor Unit: This bright and comfortable unit offers 3 bedrooms, a sitting area, and a kitchen. It has its own separate driveway with parking for at least two cars. The same reliable tenant has been renting for 7 consecutive years and is looking to renew for another year, currently paying $2,300/month. With a strong rental history and built-in income, this property is a turnkey investment in a desirable location. Don't miss out on this fantastic opportunity!
Property Highlights
- Annual Tax: $ 16582.0
- Cooling: Central A/C
- Garage Count: 2 Car Garage
- Heating Type: Baseboard
- Region: NEW JERSEY CBRB
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