Under contract

Under Contract - Under...

490 Larch Avenue

Bogota NJ, 07603

$760,000


Under contract

Under Contract - Under...

4 Beds

3 Baths

Multi-family

Listed by Sung Min Yoo with Keller Williams Town Life 2019949295

Great opportunity to invest and/or owner-occupy and collect strong rental income. +/- 5.5% cap rate for the savvy cash buyer in this shifting market. Property can still be cash flow positive even with climbing interest rates-- Non-QM loans and creative financing available. This well-maintained, high income-producing 2 family is in a very desirable neighborhood and conveniently located to everything in Bogota and neighboring towns. Affordable property taxes, maintenance, and low carrying costs-- with projected 2025 gross income over $57,000 per year. Income and expenses can be available upon request. Second floor unit is currently Month-to-Month and may be vacated for a potential for owner-operator to use.

24033234

MLS ID

October 15, 2024

Listed

March 6, 2025

Updated

Interior Features

Bedrooms

4


Total Bathrooms

3


Full Bathrooms

3


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Architectural Style

2 Family

Other Property Details

Taxes

$13,114


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking Total

4


View

No


County

BERGEN

Listing History

Date

Event

Price

3/6/2025

Under contract

2/26/2025

Pending

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than RE/MAX Lifestyles are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  3/6/2025 

Source:  New Jersey Multiple Listing Service, Inc.

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