Active
575 55Th St
West New York Town NJ, 07093
$1,199,000
$337.75 per sqft
Active
6 Beds
4.5 Baths
3,550 sqft
Multi-family
This impressive 4-unit property presents a golden opportunity for investors or multi-generational seeking an income-generating asset in a prime location. Boasting four separate units, each with its own distinct layout and charm, this property offers versatility and potential for various living arrangements or rental income streams.Excellent Rental Potential with the high demand for housing in the area, this property presents an exceptional opportunity for generating steady rental income, making it an attractive investment prospect. Meticulously maintained and cared for, this property reflects pride of ownership and assures prospective buyers of its excellent condition. Each unit features ample living space, including multiple bedrooms, bathrooms, and living areas, providing tenants with comfortable and accommodating living quarters. Whether you're looking to rent out all units or occupy one while leasing the others, this property offers a lucrative opportunity to capitalize on the rental market demand in the area. Positioned in a desirable neighborhood with ongoing development and growth, this property holds promising potential for long-term value appreciation. Property was fully renovated in 2019, new roof, new Hvac etc. Detached 3 car garage adding to this already income producing property3 bed $2900 2 bed $2230 1 bed $1700 Studio $550. Annual expenses $19,300 Potential cap rate of 6%
3891664
MLSⓇ ID
April 24, 2024
Updated
Map
575 55Th St
West New York Town NJ, 07093
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
4.5
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.06 Acres
Architectual Style
2-Two Story, Fourplex
Sewer
Public Sewer
Other Property Details
Taxes
$13,886
Tax Frequency
Annually
Days on Market
14
Garage
Yes
Garage Spaces
3
Parking
On Street, Oversized, Detached
Parking Total
3
View
No
County
Hudson
Water Source
Public
Pool
No
Courtesy of MID STATE REALTY with ROSE MARIE GEORGIANNA,
Listing Contact: 6094558565
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