259 Highland Ave, Passaic City, NJ 07055

6 beds |
6 baths

Multi-Family Home
Built in 1920
5,663sqft lot
—— car garage
$——/sqft
Listed 2 days ago

Property Description

Attention investors! Don?t miss this prime multi-family investment opportunity located in the heart of Passaic. This DUPLEX two-family property at 259-261 Highland Ave is tenant-occupied, providing immediate rental income, with strong upside potential for the right buyer willing to make value-add improvements. Each unit offers 3 bedrooms and 3 bathrooms, spacious layouts, and the property includes a full basement ideal for storage or additional rental possibilities. While the home does require repairs and updates, this is the perfect chance for an investor to unlock significant equity and maximize cash flow through renovations. Conveniently located near public transportation, major highways, schools, and shopping, this property is in a high-demand rental market, making it a solid long-term hold or repositioning opportunity.

Listing Status:: Active
Listing Office:: EXP REALTY, LLC : 866-201-6210
MLS ID:: 3981979

Basement: FinishedFullWalkout
A/C: None
Heating: 2 UnitsBaseboard - HotwaterGas-Natural

This listing courtesy of EXP REALTY, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Daniel F. Ryan Elementary School No. 19

320 Highland Ave, Passaic, NJ, 07055

Grades 1-8

0.16 miles away

Daniel F. Ryan Elementary School No. 19

320 Highland Ave, Passaic, NJ, 07055

Grades 1-8

0.16 miles away

Passaic Academy for Science and Engineering

291 Lafayette Ave, Passaic, NJ, 07055

Grades 6-12

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.