Hoboken, NJ 07030 · Investment · For Sale · MLS 260017625
227 Clinton St
$4,600,000
Investment
Use
6
Units
0
Days Listed
About this property
Large building on an oversized 25 X 133 lot. Six apartments spread across four floors plus a partially finished basement. Four of the apartments are side-by-side, two per floor. Two apartments are double sized wrap-around apartments that each take up an entire floor. The rents are over $20k per month and nearly $250k per year, and the low expenses bring the NOI to $208k. The large and dry basement, that has a full bathroom, can be rented as storage, or it can provide a space for the landlord to use at their discretion. The backyard is currently not shared with any of the apartments so this is another avenue of potential. This well maintained building is up to date on all inspections and is an excellent addition to any real estate portfolio.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationHoboken, NJ 07030
MLS #260017625
Space
Units6
Stories4
Investment
Annual taxes$14,920
Est. gross income$247,812
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Hoboken zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 227 Clinton St?
The asking price is $4,600,000.
What is 227 Clinton St zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Hoboken zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 227 Clinton St?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
