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25 photos
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$1,950,000
Est. payment /mo
9 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250008832
Bedrooms 9
Full Baths 6
HOA Fees $3/mo
Annual Tax Amount $22,250
Tax Year 2025
Lot Dimensions 37.75 x 25
Property Sub-Type 3 Family
Property Description
Great opportunity for investors yielding an approx. 6% cap rate. Units A & B are duplex units. This property has the potential for a great upside to upgrade the rental units or as a Condo-Conversion. Also has a value for a private homeowner to renovate as a Single-Family Home. The existing three-story brick building's interior was gutted and replaced with completely new interior framing and all new kitchens and bathrooms in the 1990's. New roof and new basement water proofing were also installed. The $12,450.00 monthly rent roll is legal rent and is registered with the Hoboken Rent Control Office. A vacancy decontrol of 25% rent increase is available on July 1st.
Location
State NJ
County Hudson
Area Hoboken
Rooms
Basement None
Interior
Heating A/C Central, Hot Air
Cooling A/C Central, Hot Air
Exterior
Exterior Feature Brick
Parking Features None
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Listed by AVNU REALTY GROUP, LLC
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Lucas Wolf
Broker of Record/Owner | License ID: 0903676
Broker of Record/Owner License ID: 0903676