
285 Orchard Ter
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285 Orchard Ter
8 Unit Block of Flats £1,772,910 (£221,614/Unit) Bogota, NJ 07603



EXECUTIVE SUMMARY
Very rare opportunity to purchase an existing 8 unit multifamily building with a net income of $120,000 plus approvals to build 4 townhomes on the empty lot next door. This is a package deal that has the potential to yield 300k+ in net income. 4 of the 8 units have been updated and owner has completely separated all utilities. On site parking lot. This is a strong hold opportunity! Text George Marogi for additional information (201) 694-9054
PROPERTY FACTS Under Contract
Price | £1,772,910 | Apartment Style | Low-Rise |
Price Per Unit | £221,614 | Building Class | C |
Sale Type | Investment | Lot Size | 0.52 AC |
No. Units | 8 | Building Size | 5,000 SF |
Property Type | Multifamily | Number of Floors | 3 |
Property Subtype | Apartment | Year Built | 1900 |
Price | £1,772,910 |
Price Per Unit | £221,614 |
Sale Type | Investment |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.52 AC |
Building Size | 5,000 SF |
Number of Floors | 3 |
Year Built | 1900 |
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Rubbish Collection - Kerbside
- Vintage Building
- Walking/Biking Trails
- Smoke Detector
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Walk Score®
Very Walkable (77)
PROPERTY TAXES
Parcel Number | 04-00065-0000-00012 | Improvements Assessment | £539,840 |
Land Assessment | £462,786 | Total Assessment | £1,002,626 |
PROPERTY TAXES
Parcel Number
04-00065-0000-00012
Land Assessment
£462,786
Improvements Assessment
£539,840
Total Assessment
£1,002,626
ZONING
Zoning Code | R3 |
R3 |
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285 Orchard Ter
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