Description
This purchase and hold offering represents a recently updated opportunity to acquire the only available 20+ unit asset in Hoboken with the potential to add value by increasing the rents to market. Leases are one year. Units are separately metered for electricity and cooking gas. Heating gas is provided by the building. Property offers a laundry room consisting of 2 washers and 2 dryers and is located in the walkout basement that also leads to the intimate, well maintained, backyard. This 20+ unit building is offered at $4,700,000 with a 6.2% cap.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
This purchase and hold offering represents a recently updated opportunity to acquire the only available 20+ unit asset in Hoboken with the potential to add value by increasing the rents to market. Leases are one year. Units are separately metered for electricity and cooking gas. Heating gas is provided by the building. Property offers a laundry room consisting of 2 washers and 2 dryers and is located in the walkout basement that also leads to the intimate, well maintained, backyard. This 20+ unit building is offered at $4,700,000 with a 6.2% cap.
© 2024 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-10-05T17:26:06.22.