$6,795,000
For Sale

204 Church Street

Boonton Town, NJ 07005
Browse 14 photos
Structure:5+ Family
Zone:Residential

Description

WELCOME TO THE PILGRIM! This 22-unit multifamily property in the rapidly growing town of Boonton, NJ offers an incredible VALUE-ADD investment opportunity. Each apartment offers oversized square footage that sets this building apart from others. 9 units have been totally updated and there's more growth opportunity to update and increase below market rents. The building is very well-maintained and ownership has invested over 1M of updates through the years. Bonus cell tower on the roof producing $29,800 in annual income. Located in a booming area near shops, restaurants, and major transit, this property offers stable cash flow with significant upside in a highly desirable market

  • Property Details
      • Square FeetBoonton Town
  • Construction Details
      • Year Built1900
  • Community and Neighborhood Details
      • County14
  • Financial Details
      • Original List Price$6,795,000
  • Other
      • MLS #24033455

Location

Salvatore BocchinoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00