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464 Belmont Ave

Haledon Boro, NJ 07508
  • $550,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: 3885011
UPDATED: 43 min ago
$550,000
  • 2
    BEDS
  • 0.07
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

Updated, turn key investment property for sale! This meticulous property is located on the most active street in town, great for commercial activity. Over a 100k was put into updating the first floor salon unit, which has 6 bays, coffered ceilings, stone accent walls, and updated storage and powder rooms. The tenant also has access to a large pavered backyard and grassy area and the basement area. The 2nd floor of the building which was just completely renovated in 2023 is a nice sized 2 bedroom residential unit with an updated kitchen and living rm and dining rm area w/ laundry in the unit. This property needs no updating and is also in walking distance of the town shops, schools and local transpiration. With no work to be done and a cap rate of approx 8% this investment can not be beat!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Asset Property Solutions, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Asset Property Solutions, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-28T17:46:51.477.
www.assetpropertysolutionsllc.com/homes/147361336
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464 Belmont Ave Haledon Boro, NJ 07508

  • Price: $550,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 43 min ago
  • ID#: 3885011
2
Beds
1
Baths
1
½ Baths
0.07
Acres
1930
Built
County:
Passaic
Area:
Haledon Boro
Property Description
Updated, turn key investment property for sale! This meticulous property is located on the most active street in town, great for commercial activity. Over a 100k was put into updating the first floor salon unit, which has 6 bays, coffered ceilings, stone accent walls, and updated storage and powder rooms. The tenant also has access to a large pavered backyard and grassy area and the basement area. The 2nd floor of the building which was just completely renovated in 2023 is a nice sized 2 bedroom residential unit with an updated kitchen and living rm and dining rm area w/ laundry in the unit. This property needs no updating and is also in walking distance of the town shops, schools and local transpiration. With no work to be done and a cap rate of approx 8% this investment can not be beat!
Exterior Features

Approximate Lot Size .071 AC Exterior Description Vinyl Siding Exterior Features PatioPrivacy FenceSidewalk Lot Description Irregular LotLevel Lot Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Window A/C(s) Heating 1 UnitBaseboard - Hotwater Interior Features Beam CeilingsCarbon Monoxide DetectorFire ExtinguisherSecurity SystemSee RemarksSmoke DetectorTile Floors Total Number Of Rooms 5 Unit1 Appliances Equipment Carbon Monoxide DetectorSecurity SystemSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See RemarksStorageUtility Room Unit1 Rooms 1 Unit1 Security Deposit 0 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorDryerRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLaundry RoomLiving/Dining Room Unit2 Rooms 4 Unit2 Sq Ft 9999

Property Features

Assessment Total 157000 Building Assessment 120100 Easement Unknown Expenses Include HeatHot & Cold WaterInsuranceTaxes Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 57000 Land Assessment 36900 Net Operating Income 44000 Renovated Year 2023 Services Cable TV Available Sewer Public Sewer Tax Amount 7912 Tax Rate Amount 5.040 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 13000 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays HeatTenant Pays ElectricTenant Pays Gas Unit1 Rent 2500 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays HeatTenant Pays ElectricTenant Pays Gas Unit2 Rent 2250 Unit2 Security Deposit 3375 Utilities Electric Water Public Water Water Heater Gas Year Built Description ApproximateRenovated

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of LEOPIZZI REAL ESTATE AGENCY: 973-684-7171.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Asset Property Solutions, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Asset Property Solutions, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-28T17:46:51.477.
 
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