53 Crest St
Westwood, NJ 07675
Est. P&I payment: $2406.17/mo
Description for 53 Crest St, Westwood, NJ 07675
INVESTMENT OPPORTUNITY - Fantastic opportunity to purchase fully approved building lot for five (5) townhouse style side-by-side units in desirable Westwood NJ. Each two floor unit would have 2 B/R's, 2-1/2 bathrooms, W/D, ample living space, plus parking. The property is only a few hundred yards from the newly opened Hackensack University Medical Center at Pascack Valley providing a good source for a well-qualified tenant base. It is also less than one mile from Westwood town center, NJ Transit train station and bus commuter lines. The completed units would be very desirable in terms of layout, size and location. Construction requires minimal site work with all utilities at site. Currently there is a single family rental house on the property generating monthly rent to cover current expenses. Completed project will generate excellent cash flow; with projected rents easily to be over $2,200 per unit/month; i.e. over $132,000/year. Do not miss out on this tremendous opportunity.
My Notes for MLS #1714664
- Property Type: 8
- Zone Permitted Use/Style: Res
- Waterfront: None
- Sale/Lease: S
- Taxes: 6,189
- Flood Plain: None
- Improvements: O/See Remk,Uncleared
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The listing information for 53 Crest St, Westwood, NJ 07675 was graciously provided by our friends at the listing brokerage, Michael Cervelli Real Estate
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Last Updated 04/24/2018 at 7:49am