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Laundromat w/Property

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$7,000,000 $615,889 Undisclosed

Business Summary:
2x5 story brick multi family buildings on opposite corners located approx. on 50x100 lot on a .1148 acres in Hudson County. Very densely populated area. 1st has 29 units property tax 18,828, 2nd has 26 units + laundry in a basement property tax 24,432. Apartments vary in sixe from 3-6 rooms. Most likely 3-4 higher rent ones has tile in bathroom, granite in kitchens, cpc pipping, circuit breakers. Seller relocations to Florida. Seller willing to do 1031 exchange. Seller pays heat and electric for hallways. Shown by appointment only.

 
   
   
Owner willing to train: 2 weeks  
   
Reason for selling: Relocating to Florida  

 

 

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