5901-07 Madison St, West New York, NJ 07093
sale
$2,300,000
|
Commercial-Other
Listed By CENTURY 21 Realty Group
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.
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Property Features
- Age: Over 50 Years Old
- Cross Docks: N
- Expenses: 45000.00
- Exterior Description: Brick
- For Auction: N
- Full Bathrooms: 9
- Gross Income: 210500.00
- Half Bathrooms: 2
- Level Number: 3
- Lot Description: Corner
- MLSID: 260008836
- Parking Places: 0
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Taxes: $22500.00
- Total Units: 10
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