6 Alliotts Place, Palisades Park, NJ 07650

$4,100,000
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Active
BEDS0 BATHS MLS#26010341
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

We are pleased to offer this high-performing 14-unit multi-family building perfectly situated directly on Broad Ave in the heart of Palisades Park. Total of 14 units consisting of 12 spacious 1-Bedroom/1-Bath apartments and 2 Studio apartments. One unit is currently occupied by an on-site Building Superintendent, ensuring smooth day-to-day operations. Excellent Location: Unbeatable access to local shops, dining, and NYC public transportation, making this a highly sought-after location for tenants. Strong Cash Flow: This property offers stable income with high rental upside. Reason for Sale: First time on the market in years???the current owner is retiring, presenting a rare opportunity for a new investor. High Occupancy: Ideally located for easy leasing with historically low vacancy rates. 10 Parking spaces, Roof less than 5 years old, sewer line changed 5 years ago: cost $60,000, emergency lights replaced.

6 Alliotts Place | MLS# 26010341

This multi-family property located at 6 Alliotts Place, Palisades Park, NJ 07650 is currently listed for sale with an asking price of $4,100,000. Search Palisades Park real estate on www.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Taxes: $36,850

Feature Descriptions

Days on Site: 91
Owner Pays: Electric, Snow, Water, Taxes
Property Utilities: Gas, Munincipal WATER, Sewer

Listed By / Shown By

Listing By

Agency Name: Realty 7, LLC
Agency Phone: 201-292-7777

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 13,391.49 per month $9,124.82 Principal & Interest $3,070.83 Property Tax $1,195.83 Homeowner's Insurance

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