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Listed by Michael Langdon Langdon Realty Inc.
$ 1,895,000
Est. payment | /mo
$ 1,895,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 5+Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25022552
Style 5+Family
Property Sub-Type 5+Family
Property Description
Monthly Rents by Unit: #1:$1000 #2:$3000 #3:$1392 #4:$1095 #5:$1134 #6:$1445 #7:$995 #8:$1134 #9:$1134 #10:$1295 LOW TAXES: $12,155. Establish market rents on Vacant Units! Off Blvd East w/tremendous upside for a savvy investor or Large/Extended Families. Seller financing available to qualified buyer w/50% down payment/Interest only payments @ 9% fixed interest rate (2 year minimum Loan). This property also includes a license for a 10-Unit Rooming House which opens additional marketing strategies & opportunities with nice financial upsides by implementing 30-day short-term tenancies/multi person Occupancy and expand the profits tremendously. The 2nd & 3rd Floor each have a Full Bathroom which is shared among tenants. 1st Floor Apartment has private full bathroom and Spacoius Living Room, DR (or 2nd BR), Eat in Kitchen w/access to rear garden. Currently, an EZ Cash King with current business model...'24 GOI:$165k with long term tenants. Family operated business since 1989. Can deliver vacant: 5 Units (1-4 room APT., 1 Studio Unit, 3 Single Room Units, Basement & 2 Parking). 1 Gas/Steam boiler. 1 Tankless Hot Water System. Owner is a licensed N.J. real estate broker.
Location
State NJ
County Hudson
