37 47th Street
Property Description
AN EXCEPTIONAL INVESTMENT OPPORTUNITY AWAITS IN THE HEART OF HIGHLY DESIRED WEEHAWKEN TOWNSHIP. THIS 3-STORY 2-FAMILY HOME IS A RARE FIND, OFFERING LUCRATIVE POTENTIAL FOR THE SAVVY INVESTOR. THE PROPERTY BOASTS TWO SPACIOUS UNITS DESIGNED FOR COMFORTABLE LIVING. THE FIRST UNIT FEATURES 2 BEDROOMS, 1 BATHROOM, AND ACCESS TO A PRIVATE BACKYARD, IDEAL FOR OUTDOOR RELAXATION AND ENTERTAINMENT. ON THE SECOND FLOOR, A 3-BEDROOM, 1-BATHROOM UNIT AWAITS WITH FRONT AND REAR BALCONIES. THERE IS THE POSSIBILITY TO DUPLEX THE THIRD FLOOR GUEST SUITE, TRANSFORMING IT INTO A 6-BEDROOM, 2-BATHROOM UNIT WITH A FAMILY ROOM. EACH UNIT COMES EQUIPPED WITH A WASHER AND DRYER FOR ADDED CONVENIENCE. A BONUS FEATURE OF THIS PROPERTY IS THE FINISHED BASEMENT STUDIO UNIT, COMPLETE WITH 1 BATHROOM AND A KITCHEN - PERFECT FOR ACCOMMODATING GUESTS. WITH AMPLE PARKING FOR 3+ CARS AND A REAR DETACHED GARAGE THAT CAN SERVE AS STORAGE OR EXTRA PARKING SPACE, THIS HOME OFFERS BOTH PRACTICALITY AND VERSATILITY. STANDING OUT AS ONE OF THE LARGEST PROPERTIES ON THE BLOCK. MOREOVER, THE PROPERTY PRESENTS THE OPTION TO CONVERT INTO A 3-FAMILY RESIDENCE, GIVEN THAT EACH UNIT ALREADY HAS SEPARATE UTILITIES INSTALLED. THIS VERSATILITY OPENS THE DOOR TO INCREASED RENTAL POTENTIAL AND LONG-TERM PROFITABILITY. DON'T MISS OUT ON THIS ATTRACTIVE INVESTMENT PROSPECT IN WEEHAWKEN TOWNSHIP.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,389,000 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 4 |
ID: 3yd-NJMLS-26012206
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
2209 Philadelphia Avenue
Northern Cambria, Pennsylvania
3769 Allendale Circle
Sheraden, PennsylvaniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout