Investor Alert! Income-Producing Colonial with Long-Term Tenant in Place! This well-kept three-bedroom colonial is a turnkey investment opportunity, currently rented to a long-time tenant who treats the property like their own and generates a solid $27,000 in annual income. The lease runs through October 31, 2026, with an option to renew, offering stability and immediate returns. The driveway is accessed through Harrison St to the rear of the house. The driveway is accessed through Harrison St to rear of house. The home features a large fenced backyard, perfect for future enhancements, and an unfinished basement brimming with potential. Located near major employment centers and mass transportation, this property is ideally situated for continued rental success. Whether you're expanding your portfolio or seeking a low-maintenance asset, this is a smart, income-generating addition ready for its next owner.
Property Features
Heating Information
Hot Water
Radiant
Water Features
Public
House Interior
Eat-in Kitchen
Basement
Unfinished
School Information
School Information for 3 Spruce St, Passaic City, NJ 07055
Elementary School
GRANT
Middle School
PASSAIC
High School
PASSAIC
Listing Courtesy: AMERICAN REALTY SERVICES GROUP - 973-258-0888