253 Degraw Ave Under Contract

Teaneck Twp.,NJ 07666

$ 900000

- Bed

- Bath

4000 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $225

MLS Listing ID 3911902

Year Built 1925

Annual Tax Amount $16,807

Tax Year 2023

Lot Size 3,920 Sqft

Property Description

Seize the opportunity to own two side-by-side mixed-use properties in the heart of Teaneck, New Jersey. These well-positioned buildings present a rare chance to acquire significant real estate assets in a bustling commercial district. Both properties feature a blend of retail and residential units, creating a balanced income stream that leverages Teaneck's dynamic market dynamics. The commercial spaces are ideally suited for high-traffic businesses seeking visibility and accessibility, while the residential units appeal to a steady rental market, ensuring continuous occupancy.Invest in a location that stands the test of time, offering both immediate returns and long-term growth potential. These legacy buildings represent more than just an investment; they are a cornerstone for future generations to build upon.Ideal for savvy investors looking to expand their portfolio with stable, high-yield assets, these properties promise not only financial rewards but also the opportunity to own a part of Teaneck's vibrant community. Don't miss out on this incredible investment opportunity to buy into a location and legacy that will deliver returns for years to come.

Location

State NJ

County Bergen

Zoning B1

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Equipment Appliances, Fire Alarm, Fixtures, Kitchen Area, Restrooms - Private, Smoke Detector, Sprinkler System

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas In Street

Roof Type Rubberized

Building

Story 2

Water Public Water

Others

Ownership Fee Simple

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