548 59th St, West New York, NJ 07093
- $949,999
- List Price
- $949,999
- Status
- ACTIVE
- MLS#
- 260011668
- County
- Hudson
- City
- West New York
Property Description
Prime value-add investment opportunity in the heart of West New York, NJ. This well-maintained all-brick 6-unit multifamily property features six oversized 2-bedroom, 1-bath apartments and offers strong in-place cash flow with significant upside potential. Located just minutes from Manhattan transportation, the property benefits from below-market rents, a fully renovated Unit #1, and Unit #4 being delivered vacant, providing an immediate opportunity for renovation and increased rental income. With market rents supporting approximately $2,000 per unit, investors can capitalize on substantial future revenue growth in one of Hudson County’s strongest and most desirable rental markets.
Additional Information
- Taxes
- $14,800
Mortgage Calculator
Listing courtesy of KELLER WILLIAMS CITY VIEWS.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than our company are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is deemed reliable but not guaranteed.