285 Orchard Ter
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285 Orchard Ter
8 Unit Apartment Building $2,295,000 ($286,875/Unit) Bogota, NJ 07603
Executive Summary
Very rare opportunity to purchase an existing 8 unit multifamily building with a net income of $120,000 plus approvals to build 4 townhomes on the empty lot next door. This is a package deal that has the potential to yield 300k+ in net income. 4 of the 8 units have been updated and owner has completely separated all utilities. On site parking lot. This is a strong hold opportunity! Text George Marogi for additional information (201) 694-9054
Property Facts
| Price | $2,295,000 | Apartment Style | Low Rise |
| Price Per Unit | $286,875 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.52 AC |
| No. Units | 8 | Building Size | 5,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Price | $2,295,000 |
| Price Per Unit | $286,875 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 5,000 SF |
| No. Stories | 3 |
| Year Built | 1900 |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Trash Pickup - Curbside
- Vintage Building
- Walking/Biking Trails
- Smoke Detector
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 04-00065-0000-00012 | Improvements Assessment | $699,900 |
| Land Assessment | $600,000 | Total Assessment | $1,299,900 |
PROPERTY TAXES
Parcel Number
04-00065-0000-00012
Land Assessment
$600,000
Improvements Assessment
$699,900
Total Assessment
$1,299,900
zoning
| Zoning Code | R3 |
| R3 |
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285 Orchard Ter
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