Description
Incredible investment opportunity suitable for both investors and owner-occupiers alike, boasting an impressive 7% Cap Rate with even more potential for growth. One of the units has already undergone a complete renovation, featuring contemporary finishes and is move-in ready. The remaining three units are currently occupied by long-term tenants and offer substantial potential for improvements and upside. The basement is prepped with connections for a shared laundry area, and the backyard remains an untapped resource that could add significant value to the property. Electric and gas paid for by tenants, owner pays water/sewer and heat.
-
8BEDS
-
N/AACRES
-
4BATHS
-
01/2 BATHS
School Ratings & Info
Description
Incredible investment opportunity suitable for both investors and owner-occupiers alike, boasting an impressive 7% Cap Rate with even more potential for growth. One of the units has already undergone a complete renovation, featuring contemporary finishes and is move-in ready. The remaining three units are currently occupied by long-term tenants and offer substantial potential for improvements and upside. The basement is prepped with connections for a shared laundry area, and the backyard remains an untapped resource that could add significant value to the property. Electric and gas paid for by tenants, owner pays water/sewer and heat.
© 2023 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: 2023-12-03T20:25:43.49.