$4,000,000
$4,500,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
108 ADAMS ST Hoboken, NJ 07030
8 Baths
Key Details
Sold Price $4,000,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240011680
Sold Date 11/20/24
Full Baths 8
Annual Tax Amount $22,990
Lot Dimensions 25 x 100
Property Sub-Type Investment
Property Description
Rare opportunity to acquire fully occupied 8 modern residential units, all registered and legal rents, plus renovated retail spa, brick building, landscaped yard, separately metered utilities, and laundry room. Cap Rate 5.12%. Prominent location .6 mile to Hoboken PATH Train, Ferry, and Bus depot; 2 blocks to Midtown NYC bus stop; easy access to Holland Tunnel, NJ Turnpike, and Route 1&9; surrounded by local restaurants, coffee shops, boutiques, parks, and night life. Units 1 & 2 Two bedrooms at opposite sides with kitchen, living room, and bathroom in the center. Recently updated with new appliances, light fixtures, bathroom fixtures, and hardwood floors. Units 4 & 6 & 8 Three bedroom apartments. Recently renovated kitchens with new appliances including dishwasher, gas stove, and hardwood floors. Units 3 & 5 & 7 Studio apartments. Newer kitchen appliances, bathroom fixtures and hardwood floors.
Location
State NJ
County Hudson
Area Hoboken
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Bought with KELLER WILLIAMS CITY LIFE REALTY