$999,999
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
6 Baths
SOLD DATE : 06/02/2021
Key Details
Sold Price $999,999
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 210009799
Sold Date 06/02/21
Full Baths 6
Annual Tax Amount $15,306
Lot Dimensions 4452 sqft
Property Sub-Type Investment
Property Description
LOCATION, LOCATION, LOCATION! Awesome income producing investment property. Cap rate is currently 7,7% with room to grow! Well established business with super on the premise. Fully rented with month to month leases. All new utilities. Amazing opportunity to own two established rooming houses in a same lot! NO RENT CONTROL since it is a boarding house!!! Two car parking in the front of the main building. The front buildings first floor has one 3 bedroom apartment with access to a full finished basement. The second floor of this building has 4 rental rooms. The rear building has one 2 bedroom apartment and 4 rental rooms and its second floor has two 1 bedroom apartments.
Location
State NJ
County Hudson
Area Union City
Exterior
Garage Spaces 2.0
Read Less Info
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