Weehawken, NJ 07086,221 SHIPPEN ST

$952,000

$875,000

8.8%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths


SOLD DATE : 07/26/2017

Key Details

Sold Price $952,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 160005683

Sold Date 07/26/17

Bedrooms 8

Full Baths 4

HOA Fees $1/mo

Annual Tax Amount $11,725

Tax Year 2015

Lot Dimensions 25x100

Property Sub-Type 4 Family

Property Description

Outstanding Investment Opportunity in Best Neighborhood in Weehawken. Fully Finished, Sound & Sturdy Victorian 4-Family (1 Unit per Floor) Delivered Vacant. Convenient to NYC/Hoboken Transportation, Local Shops & Restaurants. 1st Floor 2 Bedroom Unit includes Private Yard & Deck. Upgraded w Original Decorative Elements Intact. Laundry Room on Site. Rents (*) are Current Market Estimates ($80,400/yr. + $1000/yr. from Coin-Op Laundry). 2015 Expenses $20,725/yr. Estimated NOI $60,675/yr. yields Cap Rate of 7.14%. Pre-Qualified Buyers Only, Please.

Location

State NJ

County Hudson

Area Weehawken

Rooms

Basement Finished, Full, Walk-Out

Interior

Heating A/C Central, A/C Window, Baseboard, Gas, Hot Water, Radiators

Cooling A/C Central, A/C Window, Baseboard, Gas, Hot Water, Radiators

Exterior

Exterior Feature Aluminum/Vinyl, Shingle, Stone

Parking Features None

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Listed by CHOICE PROPERTIES
Bought with KELLER WILLIAMS CITY LIFE REALTY
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+1(201) 723-3300

darren@northjerseygroup.com

28 Valley Road Suite 1, Montclair, Jersey, 07042, United States

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