575 55th Street
575 55th Street
$1,199,000
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4
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Description
This impressive 4-unit property presents a golden opportunity for investors or multi-generational seeking an income-generating asset in a prime location. Boasting four separate units, each with its own distinct layout and charm, this property offers versatility and potential for various living arrangements or rental income streams. Excellent Rental Potential with the high demand for housing in the area, this property presents an exceptional opportunity for generating steady rental income, making...This impressive 4-unit property presents a golden opportunity for investors or multi-generational seeking an income-generating asset in a prime location. Boasting four separate units, each with its own distinct layout and charm, this property offers versatility and potential for various living arrangements or rental income streams. Excellent Rental Potential with the high demand for housing in the area, this property presents an exceptional opportunity for generating steady rental income, making it an attractive investment prospect. Meticulously maintained and cared for, this property reflects pride of ownership and assures prospective buyers of its excellent condition. Each unit features ample living space, including multiple bedrooms, bathrooms, and living areas, providing tenants with comfortable and accommodating living quarters. Whether you're looking to rent out all units or occupy one while leasing the others, this property offers a lucrative opportunity to capitalize on the rental market demand in the area. Positioned in a desirable neighborhood with ongoing development and growth, this property holds promising potential for long-term value appreciation. Property was fully renovated in 2019, new roof, new Hvac etc. Detached 3 car garage adding to this already income producing property3 bed $2900 2 bed $2230 1 bed $1700 Studio $550. Annual expenses $19,300 Potential cap rate of 6%
- Listed by ROSE MARIE GEORGIANNA • MID STATE REALTY
Property Details for 575 55th Street
Directions
Use GPS Make right on 55th from JFK Blvd
Days On Market14
Location
LISTING UPDATED: 04/02/2024 01:02 PM
Property Details for 575 55th Street
Status | Active |
---|---|
MLS # | 3891664 |
Days on Market | 54 |
Taxes | $13,886 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 2-Two Story |
Year Built | - |
Lot Size | 0.06 AC / 2,613 SF |
County | Hudson County |
Location
Building Information for 575 55th Street
Stories-Residences4Year Built-Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$7,701 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 575 55th Street
Property History for 575 55th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 575 55th Street
Taxable ValueLand$55,000Additions$120,000Total$175,000
Tax Record2022$13,584 ($1,132 / month)
Home Facts
Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtStories2Lot Size2,500 SqFtStyleMiscellaneous IndustrialCountyHUDSONAPN12 00114-0000-00005
Schools near 575 55th Street
This home is within West New York Board Of Education School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Number 3 Elementary School PublicK to 6 | ||
West New York Middle School Public7 to 8 | ||
Memorial High School Public9 to 12 | ||
Number 5 Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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