5901-07 MADISON ST, West New York, NJ 07093
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$ 2,100,000
Est. payment | /mo

10 Baths


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$ 2,100,000
Est. payment | /mo
Save

10 Baths

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260022641

Full Baths 9

Half Baths 2

Annual Tax Amount $24,109

Lot Dimensions 6175 sqft

Property Sub-Type Investment

Property Description

INCOME PRODUCING MIXED-USE 9-FAMILY+FULLY RENTED GROCERY Store in a prime location Located in Hudson County, NJ. Secure a high yield, low management asset in one of Northern New Jersey's most high-demand rental markets. Located in booming West New York NJ, This mixed-used building delivers immediate, stable income with powerful $223,000 yearly gross revenue. The product consists of 9 residential family units with historically low vacancy rates, paired with a fully rented, established street-level grocery store providing a rock-solid commercial anchor in a prime location. Fully rented with an established $223,000 annual income. Tenant-Paid Utilities: Features completely separate water and heating system for every unit-drastically reducing owner expenses and protecting your bottom line. Perfect for a 1031 exchange or a long term portfolio anchor in a rapidly appreciating gold coast. Call today to request the full financial breakdown and schedule a private showing.

Location

State NJ

County Hudson

Area West New York

Listed by CENTURY 21 REALTY GROUP

Nearby Locations

Kellene Addison

"Elevating Real Estate Dreams with Heart and Expertise."

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5901-07 MADISON ST