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Off Market

1727 41st St

Hudson County NJ 07047

4
2
2766 sq. ft.
2374 sq. ft.
Multi-Family
Last sold for $450,000
John ScipioneJohn Scipione, last sold this property on 26 March 2017 after 736413 days on market.

Overview

INVESTMENT OPPORTUNITY! ~6% Cap Rate based on projected Net Operating Income. This two-family brick home is in great condition and features two spacious 2 Bed / 1 Bath units with parking for 4 cars (2 garage spaces & 2 off-street parking spaces). Tenants are on month-to-month leases at a below-market rent of $1,350/month per unit. Market-rate rent is approximately $1,600/month. In the past, the owner has rented the garage to a third-party for $300/month. The units have been well-kept and include hardwood floors throughout and modern kitchens. In the garage, there are three individual boilers, hot water heaters, and separate gas & electric meters. Tenants pay gas, heat, and electric. Owner pays water/sewer, insurance, and real estate taxes. The location can't be beat - tenants walk just 5 minutes to the Tonnelle Avenue Light Rail Station for transportation to NYC. This two family home won't last long, schedule a showing today!

Features

4 bedrooms
2 bathrooms
2766 sq. ft. floor area
2374 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in Hudson County over the last 12 months.

Property history for 1727 41st St

2017
Sold
$450,000
26 Mar 2017 by John Scipione

Happy sellers in Hudson County

100%
100% of sellers in Hudson County reported that their sale price either exceeded or met their price expectations.

Hudson County stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Hudson County over the last 12 months.

Local market activity for 4 bedroom multi families in Hudson County

Nearby agents

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Henry Song

Henry Song is a recommended agent for Hudson County.  They have 2 local sales across the last 12 months.

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