$620,000
Sold
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Great value in the heart of West New York! Lowest priced 3-family with parking in Hudson County! Ideally located minutes from the Bergenline Lightrail Station, parks, schools, and shops on Bergenline Ave. Tremendous income-producing investment opportunity for owner-occupied or pure investment property. This property offers one 2-bedroom + den, one 2-bedroom and one 1-bedroom layout + tandem parking for up to 4 cars. The current rent roll of $3885/mo generates over $32.5K in annual NOI. Rents are well below market value, providing great value add potential. Hot water heater and furnace have been replaced in 2022 & 2023. Roof repaired and resealed in 2023. New green card issued and valid until Summer 2028. Don’t miss out on your next investment property!

Location

Provident LegacyReal Estate Group