This offering presents a unique investment prospect comprising two distinct income-generating properties located at 72 Court Street and 74-76 Court Street in Hackensack, New Jersey. The property at 72 Court Street is a well-maintained two-family residence. Each of the two apartments within this building features two bedrooms and one full bathroom. This structure is equipped with independent boilers and water heaters for each unit, ensuring individual control and efficiency. Additionally, a spacious backyard is available, providing an outdoor area for residents.
The adjacent property, 74-76 Court Street, is a four-unit building designed to maximize rental income potential. This building includes two apartments with two bedrooms and one bathroom each, alongside one studio apartment and one one-bedroom unit. The heating system for this property is supported by a single oil tank and one water heater. All units across both properties are currently occupied by tenants, with all existing leases operating on a month-to-month basis. This arrangement offers flexibility for future investment strategies and property management.
Both the 72 Court Street and 74-76 Court Street addresses benefit from recent updates, including a new roof installed on both structures. On-site parking is available, accommodating a total of 10 parking spaces across the combined properties. The properties are being sold in their current condition, with no exceptions. It is important to note that the property is situated within a flood zone.
Collectively, these two residential income properties offer a total of 5 bedrooms and 4 bathrooms. The combined address is 74-76 Court St, Hackensack, NJ 07601. The properties are situated in Bergen County. Annual property taxes are approximately $13,111. Utilities available include natural gas, electricity, and natural gas connections.
Hi-Level Real Estate LLC
516-813-6232
Hi-Level Real Estate LLC
516-813-6232
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