This meticulously kept investment opportunity is the definition of turnkey

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of ENGEL & VOLKERS HOBOKEN (201-792-8300)
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Location

7013 POLK ST
Guttenberg NJ 07093
Cross street:70th St & 72nd St

Property

Ownership: For Sale

Financials

Price: $1,425,000

Description

This meticulously kept investment opportunity is the definition of turnkey. Offering 7 updated and very well kept units with 4 car garage parking. All state and city permits up to date. Recently replaced roof, updated boilers, security cameras, sprinklers, with units that include stainless steel appliances and other modern features. The registered rents are actually higher than the current rents generated and still the numbers crunch with a very good CAP rate! Worth noting is the lot size 39.47 X 100, which is attractive for potential developers, especially considering that most tenants are month to month.


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.