$1,320,000
$1,500,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
11 Baths
SOLD DATE : 01/27/2025
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with COLDWELL BANKER REALTY
28 Valley Road Suite 1, Montclair, Jersey, 07042, United States