![[Passaic Real Estate, listing number 3311174]](https://www.vlshomes.com/images/full/3311174a.jpg)
| Description: 3311174 | |
| Investor Alert – Income-Producing Colonial with Long-Term Tenant in Place! This well-kept three-bedroom colonial is a turnkey investment opportunity, currently rented to a long-time tenant who treats the property like their own and generates a solid $27,000.00 in annual income. The lease runs through October 31, 2026, with an option to renew, offering stability and immediate returns. The driveway is accessed through Harrison St to rear of house. The home features a large fenced backyard, perfect for future enhancements, and an unfinished basement brimming with potential. Located near major employment centers and mass transportation, this property is ideally situated for continued rental success. Whether your expanding your portfolio or seeking a low-maintenance asset, this is a smart, income-generating addition ready for its next owner. |
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Details: |
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| Bedrooms: | 3 | |
| Bathrooms: | 1 | |
| Property Type: | Colonial | |
| Rooms: | 6 | |
| Lot Size: | 25 x 110 | |
| Built: | 1900 | |
Financials: |
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| Price: | $364,900 | |
| Taxes: | $6,963 | |
| Status: | REO | |
Designed, Developed, Hosted
![[PHOTO]](https://www.vlshomes.com/images/full/2492099a.jpg)
