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Calling all cash buyers and experienced investors! This is your chance to add a ton of value and apply your creative touch to this brick 3-story rowhouse with parking in a prime Union City location close to the Weehawken border, a short distance to Hoboken, and a 15-min bus ride from Port Authority. Seller has architectural plans (not presented to town) that would turn the property into a beautiful 4 bedroom, 2.5 bath home. Priced to sell! Tap into the property’s tremendous potential post-rehab. The location cannot be beat – it’s a stone’s throw to the Weehawken waterfront and the Whole Foods and ferry to NYC, as well as Hoboken and the Trader Joe’s on the other side of the 14th st bridge. It’s also just two blocks from the massive new luxury development on the edge of Union City dubbed “Hoboken Heights” which is bound to further transform the area. The seller will provide architectural plans once an offer is accepted (for reference purposes only – the plans have not been submitted to the city for review). This is the perfect gut-rehab opportunity for a savvy buyer looking to turn a fixer-upper into a spacious and modern 4 bedroom, 2.5 bath single-family residence, with off-street parking, to occupy, rent out for top dollar, or as a “fix and flip” in a hot market. 2 off-street parking spots offer added value and rental income potential, as does the partly paved backyard. Don’t miss your chance! Schedule a private tour today and bring your contractor. Please note, the property in its current condition requires a full gut renovation, including new plumbing, electrical, mechanical, stairwell, and full cosmetic. Ideal for serious cash buyers with rehab experience.
Listed by MAX VISHNEV of COMPASS NEW JERSEY, LLC

Property Details of 1606 Palisade Ave

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