Listing provided courtesy of: AVNU REALTY GROUP, LLC.
419 5th St
Hoboken, NJ 07030-
Est. Payment/ mo
Great opportunity for investors yielding an approx. 6% cap rate. Units A & B are duplex units. This property has the potential for a great upside to upgrade the rental units or as a Condo-Conversion. Also has a value for a private homeowner to renovate as a Single-Family Home. The existing three-story brick building's interior was gutted and replaced with completely new interior framing and all new kitchens and bathrooms in the 1990's. New roof and new basement water proofing were also installed. The $12,450.00 monthly rent roll is legal rent and is registered with the Hoboken Rent Control Office. A vacancy decontrol of 25% rent increase is available on July 1st.
PROPERTY DETAILS
- Price $1,950,000
- Beds 9
- Baths 6
- Property Type Residential Income
- MLS Number 250008832
TAXES & HOA
- Annual Taxes (USD) $22,250
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: AVNU REALTY GROUP, LLC. 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 other brokerage firms 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. © 2025 by HCMLS. All rights reserved. Listing last updated on 05/05/2025 22:10:16