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$ 2,300,000
Est. payment /mo
Price Dropped by $100K
5901-07 MADISON ST West New York, NJ 07093
10 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260013777
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-use building delivers immediate, stable income with a powerful $223,000 yearly gross revenue. The property 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 systems 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
Will Alfaro
Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178