149 Howe Ave 5 Unit Apartment Building $999,999 ($200,000/Unit) 6.71% Cap Rate Passaic, NJ 07055

Remarks: Exceptional opportunity to own a fully occupied 5-unit multifamily property in the heart of Passaic, offering immediate rental income and outstanding long-term investment potential. Each move-in ready unit features a living room, dining room, kitchen, 3 bedrooms, 1 full bath, a partially finished basement, and access to a private yard. Tenants pay their own utilities, helping to minimize owner expenses. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a strong cash-flowing asset, this property offers exceptional value and versatility. Conveniently located near major highways, public transportation, shopping, dining, schools, and other everyday amenities, providing excellent accessibility and strong tenant appeal. Property is being sold strictly AS-IS
Agent Remarks: Cash preferred. AS-IS sale. Buyers are responsible for conducting their own due diligence, including verification of all rents, leases, income, expenses, zoning, municipal requirements, and operating statements. Most tenants available weekdays & Saturdays. Do not contact or disturb tenants.