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Listed with Jill Biggs | 973-495-6038, Coldwell Banker, Hoboken

PRICE $2,499,000 dsIDX morgage calculator
BEDS 12
BATHS 6.5
HOME SIZE n/a
LOT SIZE n/a

**Income-Producing Multi-Family Opportunity with Development Potential** Located on bustling Summit Avenue, this versatile property offers an incredible investment opportunity. Currently configured as an income-producing multi-family with split utilities, the property features bounce units ideal for owner-occupants or the potential to tear down and develop into condos. **Prime Location** Situated near transportation hubs, restaurants, parks, and all the amenities Summit Avenue has to offer, this property is in the heart of the action. **Parking and Garage** The property boasts ample parking with 5 spots in the front and a convenient 2-car detached garage in the back, providing added convenience and value. **Under Market Rent** Currently collecting under market rent, there is potential to increase income immediately. **Development Potential** With its flexible layout and development-friendly location, this property presents a rare chance to capitalize on the booming real estate mar

DAYS ON MARKET 11 LAST UPDATED 4/19/2024
YEAR BUILT 0 COMMUNITY 0906
COUNTY HUDSON STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA 0906
BUYER'S BROKERAGE COMPENSATION 2.5%-$300
CONSTRUCTION Aluminum Siding, Vinyl Siding
HEAT Baseboard, Electric, Natural Gas
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS 32.85X176.92
SEWER Public Sewer
STYLE 3 Family
TAXES 14660
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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All information deemed reliable but not guaranteed. Last date updated: 4/30/24 3:43 AM PDT Source: New Jersey Multiple Listing, Inc.

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