37 47th St - Apartments FOR SALE


Weehawken, NJ 07086
$1,400,000 USD
646-334-0559
37 47th St, Weehawken, NJ for Sale
$1,400,000 USD
Apartments - FOR SALE
1/35
null | Request Cap Rate

37 47th St
Weehawken, NJ 07086


HIGHLIGHTS

  • 2 Bedroom | 1 Bathroom, 3 Bedroom 1 Bathroom | Guest Suite - 3 Bedroom | 1 Bathroom, Finished Basement - Studio
  • Updated Kitchen | Washer & Dryers
  • 3+ Car Parking | detached Garage for additional and/or storage
  • Private Backyard | Front & Rear Balconies

OVERVIEW

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 or generating additional rental income. 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. Act swiftly to secure this promising asset before it's too late. Reach out to us today for more information and to schedule a property tour. Your next successful investment opportunity awaits!

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$472 USD /SF

# OF UNITS

2

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Property - Weehawken

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

Residential

APN/PARCEL ID

11-00060-0000-00044

ASK ABOUT THIS PROPERTY

Francesco MazzaferroTeam-Francesco Commercial LLCMore Info
646-334-0559

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Francesco MazzaferroTeam-Francesco Commercial LLCMore Info
646-334-0559

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.