61-63 Grove St, Hackensack, NJ 07601

This exceptional investment opportunity is located at 61-63 Grove St in Hackensack, NJ 07601. The property encompasses five legal residential units distributed across two distinct buildings, offering significant income potential. The front building is a four-family residence featuring a finished basement, while the rear structure is a separate single-family home. This configuration provides a diverse rental portfolio within a single offering.

The front building contains four rental units. Two of these are apartments, each with two bedrooms and one bathroom, complemented by spacious living rooms and kitchens. The remaining two units in the front building are larger, offering three bedrooms each, along with living rooms and kitchens that extend across the second and third floors. All units within this building are equipped with separate utilities, have been consistently maintained, and are currently fully rented, ensuring immediate rental income for the new owner.

The rear single-family home provides an additional rental unit. This residence features two bedrooms and one full bathroom. It also includes a finished basement with laundry facilities, granite countertops, hardwood floors, and modern finishes throughout, presenting an attractive living space for tenants. The property benefits from separate utilities for all units, contributing to efficient management and tenant satisfaction.

Recent updates and features enhance the property's value and appeal. These include newer water heaters and a newer roof, indicating reduced immediate maintenance concerns. The exterior offers a driveway, fencing, paver improvements, and ample off-street parking, accommodating a total of four parking spaces, including a one-car garage. The property is well-maintained and in excellent condition, presenting a turnkey investment opportunity. Its convenient location near major highways, schools, shopping centers, and public transportation routes makes it highly desirable for tenants and commuters.