Listing ID170008317
Listing Price$325,000
StatusACTIVE
Bedrooms5
Total Baths2
Full Baths2
CountyHudson
Property TypeSingle Family
Single Family
Property Sub TypeOne Family
Potential 7.5% Cap while getting approvals for New Construction 3 or 4 Family. Lot is 25 x 100 and has 8 parking spots. Fair market rent for parking is $150/spot. Single family in rear of property. Current income is $2875/month between single family and the 8 parking spots. Property can be sold with the 4 Family next door (537 42nd Street asking $625,000). Asking price for both properties is $950,000. Total net income between both properties is $65,000. Get good returns while obtaining approvals for either 8 units with both lots or two 3/4 families for the individual lots.
© 2017 Hudson County Multiple Listing Service (HCMLS). The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

Listing courtesy of KELLER WILLIAMS CITY LIFE REALTY .

Contact - Listing ID 170008317

Issa Musharbash

177 Broadway
Bayonne, NJ 07002
Phone: 201-809-9925
Phone Alt: 201-401-6567
Fax: 201-645-9991

Data services provided by IDX Broker

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