$ 750,000
55 Liberty ST Little Ferry, NJ 07643
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Listed by Brian S. Kim • Proper Estates, Inc. • (201) 242-9000
$ 750,000
Est. payment | /mo
$ 750,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24019794
Style Res/Com Mixed
Annual Tax Amount $7,751
Property Description
Great income producing investment opportunity for this standalone commercial mix use property located on a busy street in Little Ferry NJ. Lot size is approximately 51x71 with 5+ Parking spots including a secluded fenced off backyard lot. Top level features a 3 Bed 1 Bath spacious layout. Ground level entirety is currently being occupied by a successful hair salon business. Previously the ground level contained a 1 bed 1 bath residential + Retail space. Can be reverted back to 3 bed 1 bath on 2nd floor and 1 bed 1 bath / + Retail space on Ground floor. Property will be delivered vacant. Potential rent roll for 3 bed 1 bath $2,200 + $3000 Retail Space (1,120 sq ft) + Additional 800 sq ft terrace. Net Operating Income: $51,200 /$750,000 = Cap Rate 6.82% Seller currently has mortgage at 3% which is assumable and transferable to potential buyer. Come see this income producing property today!
Location
State NJ
County Bergen
Area Little Ferry
Exterior
Utilities Available A/C, Munincipal Water, Sewer
Roof Type Asphalt,Flat
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