467 Hudson St 6 Unit Apartment Building $1,525,000 ($254,167/Unit) 5.25% Cap Rate Hackensack, NJ 07601

Keller Williams is pleased to present a six-unit multi-family investment property in Hackensack, NJ 07601. This building offers significant potential for both first-time investors and those looking to expand their portfolios. Conveniently located near major highways, NYC bus routes, shopping centers, and prominent retailers, this property provides excellent access and amenities. The property is fully leased, with units historically renting within days of being listed, ensuring minimal vacancy. 467 Hudson St has been family owned and managed for the past eleven years. With the owners; background in plumbing, the property has been maintained to a high standard and remains in top condition. There are parking spaces at the rear of the building for tenants, currently available on a first-come, first-served basis. At the conclusion of current leases, these parking spots could be rented individually to generate additional income, especially as current rents are below market rate. Numerous upgrades have been completed, including new water heaters, electrical and plumbing improvements, recent renovations in three units, freshly painted hallways and railings, new stairwell carpeting, and an updated camera system. Investment opportunities of this caliber are rare. Please contact me to schedule a tour; 24 hours notice is required for showings.