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$ 404,900
Est. payment /mo
New
3 Spruce St Passaic City, NJ 07055
3 Beds
1 Bath
1,742 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3977779
Style Colonial, Detached
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1900
Annual Tax Amount $6,963
Tax Year 2024
Lot Size 1,742 Sqft
Property Sub-Type Single Family
Property Description
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 $26,160 in annual income. The lease runs through October 31, 2025, with an option to renew, offering stability and immediate returns. The driveway is accessed through Harrison St to the rear of the house. 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 you're expanding your portfolio or seeking a low-maintenance asset, this is a smart, income-generating addition ready for its next owner.
Location
State NJ
County Passaic
Rooms
Basement Unfinished
Kitchen Eat-In Kitchen
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features None
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Colonial, Detached
Schools
Elementary Schools Grant
Middle Schools Passaic
High Schools Passaic
Others
Senior Community No
Ownership Fee Simple
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Listed by AMERICAN REALTY SERVICES GROUP