200 Cleveland Avenue
Harrison, NJ 07029

4 family with 6 garages, terrific location. Dwelling is in need of updates, rents are well below market value. Property being sold 'AS IS' Seller will provide Certificate of Occupancy. 4 separate gas & electric meters and separate hot water heaters and separate heating systems. Most windows were replaced. All rents below market value and on month to month tenancies. 1st fl 3 rms, 1 bedrm & bath $650, 2nd fl 6 rms, 2 bedrms & bath w/garage #1 $800, 3F 5 rms, 1 bedrm & bath $750, 3R 3 rms, 1 bedrm & bath $700. Garage rents: #2 $130, #3 $110, #4 $130, #5 $140, #6 $140. Current gross yearly income $42,600. Aprox Expenses: Taxes:$11,400, Water $2,000, Insurance $3,500 total $16,900. Current Net: $25,700 Potential rental income is significantly higher- No rent control in Harrison. State inspected in 4-17-2017.15 min to PATH station. Cash Offers preferred- No FHA or 203K Loan offers- WILL NOT be considered.