Overview

Unicorn in Hoboken! -1 of a kind Investment property in the heart of hoboken offers a smart buyer so many investment opportunities. The main block bldg has 4 2br/2bath apts of about 1000 sq ft. hardwood floors and renovated kitchens and 2 full baths. Single family home is wood and siding and part of this parcel and is a 2BR w/1.5 baths. Note:(1 fam & 4 fam cannot be sold separately w/o condo conversion). This property is centrally located across from the popular Citadel bldg and is walking distance to the Light Rail PATH, bus to NYC , Church, Parks and food stores. Rents are registered. But many allowed rent decontrol adjustments, Tax, water/sewer surcharges have not been implemented yet offering an amazing upside potential. There are many opportunities available for a strong investor ti increase cash flow by implementing the rent raises as leases renew or tenants vacate. Condo conversion is a strong possibility with the 1 family being delivered vacant for immediate reno and sale. NOTES: Garages are not rent controlled. Mortgage or bank statement/accountant letter prequalification letter required to be submitted or conversation w/LA, prior to making an appt to view this property.