1481 E Terrace Cir #2, Teaneck, NJ 07666

An excellent investment opportunity is presented with this recently renovated, first-floor condominium located at 1481 E Terrace Cir #2 in Teaneck, New Jersey. This unit features one bedroom and one bathroom, offering a comfortable living space. The property is a stock cooperative, part of the Teaneck Gardens community, and benefits from a monthly association fee of $776. The condominium includes a parking decal for one designated parking space, adding to its convenience.

This residence boasts several interior features designed for modern living. The flooring throughout the unit is hardwood, contributing to its aesthetic appeal. For climate control, the unit is equipped with window unit(s) for cooling. Among the appliances included is a disposal, enhancing kitchen functionality. Laundry facilities are available in the common area basement, providing convenient access for residents.

The property is currently occupied by a tenant with an active one-year lease, making it an immediate income-generating asset for a new owner. This arrangement provides a stable rental income stream from the outset. The condominium is situated in a location that offers significant advantages, with proximity to various houses of worship, diverse shopping options, and accessible public transportation routes, facilitating an easy commute and access to local amenities.

This offering represents a notable opportunity for investors seeking a property with existing rental income. The unit's recent renovation suggests updated finishes and systems. The combination of its functional layout, desirable location in Teaneck, and the immediate rental income potential makes this condominium a compelling acquisition. The property is situated in Bergen County.