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$ 950,000
Est. payment /mo
Price Dropped by $200K
176 MEADOW LANE Secaucus, NJ 07094
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260015936
Annual Tax Amount $9,385
Lot Dimensions 50X200
Property Sub-Type Investment
Property Description
Fully Occupied Legal 3-Family | 10,000 SF Lot | Approx. 12-Car Tandem Parking Rare Secaucus investment opportunity featuring a fully occupied legal three-family on an oversized **50' x 200' lot** with approximately **12 tandem off-street parking spaces**. Current **gross annual income of $54,720** with an estimated **NOI of $41,929**, based on current rents and documented expenses. Tenants pay heat, hot water, electricity, and internet, keeping owner operating expenses low. Unit mix consists of one spacious **3-bedroom/1-bath** residence and two **1-bedroom/1-bath** apartments, all with in-unit laundry. Excellent opportunity for investors, contractors, tradespeople, or fleet owners seeking rental income combined with substantial on-site parking. Asking Price: $1,150,000. portion of lot is designated protected wetlands. Buyer to perform due diligence regarding future development or site improvements. Fully occupied. Immediate income. Exceptional parking. Rare oversized Secaucus lot.**
Location
State NJ
County Hudson
Area Secaucus
Listed by MODERN SPACES NJ LLC
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