






$799,000
8 bd · 4 ba ·
247 Hope Ave, Passaic, NJ 07055
Multi-family ·
$5,353/mo est. payment
Discover the Possibilities and unlock the exceptional potential of this Large Two Family home on an Oversized Lot 75 x 125. The very large two-family home generates $7,000 in gross monthly rental income. Collect strong cash flow while you explore future opportunities to possible subdivide -(see attached licensed appraisal for lot 37.5 x 100) or redevelopment - making this an ideal prospect for investors, builders, and visionaries. The existing two-family is being sold strictly as-is and any future development, buyer is responsible to acquire the necessary approvals. With its generous lot size and desirable setting, the possibilities are wide-open for those ready to create something special. A unique chance to combine income today with potential for more profit tomorrow. Don't miss it.
Passaic High School
high · 9-12 · 1.0 mi
St Nicholas Ukrainian Catholic School
elementary · K-8 · 0.1 mi
Hope Academy
middle · 6-12 · 0.2 mi
Number 10, Roosevelt Elementary School
elementary · K-6 · 0.2 mi
St. Nicholas Ukrainian School
elementary · K-8 · 0.1 mi
Ellen Ochoa School Number 22
elementary · 4-6 · 0.3 mi
$831,900
Listed by Pina Nazario · Coldwell Banker Realty - Clifton Office · NewJerseyMLS























