10 Aspen Pl, Passaic, NJ 07055

14% CAP RATE. $86,017 Net Operating Income (NOI). Tenants have NET LEASES and pay their own utilities. Owner pays only water, sewer, and snow removal. 14% CAP RATE with $86,017 Net Operating Income (NOI). 3 RESIDENTIAL APARTMENTS, 1 RETAIL STORE, 1 COMMERCIAL SPACE/STORE. Street-level storefront/retail space rents for $1,200/month. Second floor 1-bedroom residential apartment (above retail store) rents for $1,000/month. First floor 3-bedroom residential apartment rents for $1,350/month. Second floor 5-BEDROOM residential apartment rents for $1,785/month. Store/factory in the rear building rents for $3000/month. PHASE 1 ENVIRONMENTAL completed in 2008.