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327 Franklin Ave

Ridgewood Village, NJ 07450
  • $950,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 3923407
UPDATED: 37 min ago
$950,000
  • 5
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

The perfect 2-family investment opportunity located close to the heart of Ridgewood where you can enjoy restaurants, shopping and easy transportation into NYC! This top-bottom colonial has has been completely renovated within the last 2 years with new kitchens, new baths and new flooring! The 1st floor offers 2 bedrooms, 1 bath, living room and eat-in kitchen. The 2nd floor features a living room, eat-in kitchen, primary bedroom and full bath while the 3rd floor has 2 additional bedrooms and room for an office or playroom. Large private backyard and patio and plenty of parking with a garage and carport. Each unit has separate washer & dryer, storage and utilities. This opportunity offers a positive cash flow and attractive cap rate.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Valley Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-04T13:47:08.733.
www.thepaulaclarkgroup.com/homes/155029755
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327 Franklin Ave Ridgewood Village, NJ 07450

  • Price: $950,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 37 min ago
  • ID#: 3923407
5
Beds
2
Baths
0
½ Baths
0.21
Acres
1923
Built
County:
Bergen
Area:
Ridgewood Village
Property Description
The perfect 2-family investment opportunity located close to the heart of Ridgewood where you can enjoy restaurants, shopping and easy transportation into NYC! This top-bottom colonial has has been completely renovated within the last 2 years with new kitchens, new baths and new flooring! The 1st floor offers 2 bedrooms, 1 bath, living room and eat-in kitchen. The 2nd floor features a living room, eat-in kitchen, primary bedroom and full bath while the 3rd floor has 2 additional bedrooms and room for an office or playroom. Large private backyard and patio and plenty of parking with a garage and carport. Each unit has separate washer & dryer, storage and utilities. This opportunity offers a positive cash flow and attractive cap rate.
Exterior Features

Approximate Lot Size .209 AC Exterior Description Clapboard Exterior Features Patio Garage Description Carport-DetachedDetached Garage Number Of Parking Spaces 2 Parking Driveway Description 2 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Window A/C(s) Heating Radiators - Hot Water Total Number Of Rooms 9 Unit1 Appliances Equipment DryerMicrowave OvenRange/Oven - GasRefrigeratorWasher Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 1 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit1 Rooms 4 Unit1 Security Deposit 3525 Unit1 Sq Ft 0 Unit2 Appliances Equipment DryerMicrowave OvenRange/Oven - GasRefrigeratorWasher Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit2 Rooms 5 Unit2 Sq Ft 0

Property Features

Assessment Total 463500 Building Assessment 200800 Easement Unknown Expenses Include Taxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 69000 Land Assessment 262700 Net Operating Income 57152 Renovated Year 2022 Sewer Public Sewer Tax Amount 12996 Tax Rate Amount 2.804 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 11848 Unit Style 3-Three StoryUnder/Over Unit1 Lease Expiration 2024-10-31 Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 2400 Unit2 Handicap Modified No Unit2 Lease Expiration 2026-03-31 Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 3350 Unit2 Security Deposit 4950 Water Public Water

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of TERRIE O'CONNOR REALTORS: 201-934-0600.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Valley Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-04T13:47:08.733.
 
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Keller Williams Valley Realty
123 Tice Boulevard
Woodcliff Lake NJ, 07677