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Pleased to offer 327 Adams Street, Hoboken, NJ 07030. A 10-unit building comprising 8 residential + 2 commercial lofts. 25’ X 100’ lot. Located 4 short blocks to Church Square Park. The property completed an extensive gut renovation end of 2017, it is 100% leased with a gross rent average of $4.42 sf/mo. This offering represents the opportunity to acquire the asset and add value by increasing the rents to market as leases renew in the short term. All units are separately metered for electric and gas. Tankless hot water systems in place. Washer/dryer combos & private balconies in all residential units. The NOI is $249, 364. 5.6% cap rate. *Owners hold real estate sales agent/broker licenses
Listed by DAVID TOBIAS of LIBERTY REALTY LLC

Listing Sold by KELLER WILLIAMS CITY LIFE REALTY

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 Based on information submitted to NJ_HCMLS_RETS as of June 12, 2024 2:16 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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