5 Family w/3 Garages, Investment property, Minutes from NYC

Great Investment Property...Annual income $ 50,000+

1917-1919 Willow Avenue, Weehawken, NJ Hudson County $ 699,000

Ideally situated in Weehawken, this five-family home is a great investment. Three story wood frame construction. Approximate Year Built Date 1940. Lot Size 65 x 23 Colonial.

Five units totaling 7 bedrooms, 5 1/2 bathrooms, open layouts and all units have been completely updated.

Each unit pays for their own utilities.

There is a full basement for storage. Five hot water heaters have been installed for each unit in 2010. Five gas baseboard hot water furnaces installed in 2004.

Electrical system fully updated with 200 Amp with circuit breaker panels, approximately 20 years old.

Dwelling is equipped with 100% copper pressurizes water lines, entirely replaced. The sewer lines in basement entirely replaced with PVC.

Each unit is equipped with intercom system.

Interior of building including garages, equipped with hard wired with battery back up smoke detectors. Corridors on each level are equipped with emergency lightning.

The main roof was replaced in 2001.  Garage roof replaced 2011.

One attached garage in the front of building with the capacity of two car lengths with storage area. Two attached one car garages in the rear of dwelling, totaling four parking spots. There is plenty of street parking in the rear of dwelling.

Property is a double lot with skyline view of New York City from terrace (above front garage), and from roof. Rear garage has separate entrance into the home from side of building. Second floor rear apartment has rear entrance for easy access to building.

Apartment 1, (Street Level): Living Room 12x12, Kitchen 13x12, Family Room 10x10, Bedroom 14x12, Full Bath 6x11.

Apartments 2, 3, 4 & 5: Living Room 11x10, Kitchen 13x11, Bedroom 13x12, Full Baths 7x10.

Basement: 34x24 Front Garage: 20x36 Rear Garages: 10x18, 10x18

Taxes for this property are $ 5,391 per year, Annual Income $ 50,000 +

Operating expenses approx. $ 9,999.

Motivated to Sell, will Negotiate with Serious Buyers!

Contact Franco at (201) 449-3456; e-mail SKYVIEW773@GMAIL.COM.

EXCELLENT MONEY MAKER...$ 50,000+

Potential to make $ 75,000+

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