$620,000
Sold

411 51ST ST

West New York, NJ 07093
3 baths | #240002469
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!

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    IDX information for Hudson Multiple Listing Service is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

    Last Updated: . Source: HUDSON

    Listing Courtesy
    Listing Agent: SCOTT SOMSEL (#16199), Phone: 201-228-0609, Email: scott.somsel@theagencyre.com
    Listing Office: THE AGENCY (#1723)

    Marco ScarabaggioReal Estate Group

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      IDX information for Hudson Multiple Listing Service is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.