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Key Details
Sold Price $1,320,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240001710
Sold Date 01/27/25
Full Baths 11
Annual Tax Amount $25,938
Lot Dimensions 37.5 x 100
Property Sub-Type Investment
Property Description
RARE 10 UNIT INVESTMENT OPPORTUNITY RIGHT ON THE BORDER OF WEEHAWKEN/UNION CITY WITH A POTENTIAL CAP RATE OF 6.5%! 10 UNIT BUILDING WITH 3 CAR DETACHED PARKING. ALL UNITS RENTED. 9 1BR'S AND ONE 3BR/2BA WITH PRIVATE USE OF DECK AND BACKYARD, STORAGE AND PARKING ON FIRST FLOOR. MOST UNITS ON MONTH AND MONTH. PROPERTY GROSS RENT AROUND $139,000/YEAR WITH PARKING. ALMOST ALL UNITS ON MONTH TO MONTH LEASES.
Location
State NJ
County Hudson
Area Union City
Exterior
Garage Spaces 3.0
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Bought with COLDWELL BANKER REALTY
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Lucas Wolf
Broker of Record/Owner | License ID: 0903676
Broker of Record/Owner License ID: 0903676