Potential 7% Cap Rate - New Jersey

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of KELLER WILLIAMS CITY LIFE REALTY (201-659-8600)
Tweet

Location

4510 HUDSON AVE
Union City NJ 07087
Cross street:45th Street and Roosevelt

Property

Ownership: For Sale
Pets: No Pets

Financials

Price: $999,000

Description

Potential 7% Cap Rate! Solid Legal 6 Family building with parking in great location, just a few blocks from from Park Ave in Weehawken in one direction, and the light rail stop in Union City in the other direction. Garden level unit currently being gut renovated with large 2BR on first floor and 5- 1BR apts. Great for 1031 Exchange. Close to $71,000 NOI after major expenses.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.