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INVESTMENT HIGHLIGHTS
- Box style apartments
- 40% upside in rents
- Tenants pay for hot water
- West New York vacancy capital improvements =$50/month/$1,000 invested
EXECUTIVE SUMMARY
Three-story brick apartment building featuring box-style apartments with front and back layouts. Constructed with solid brick, it is located just 1/2 mile from the Light Rail Station. There is a 40% upside in rents.
PROPERTY FACTS
| Price | $1,374,244 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $229,041 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 6 | Building Size | 4,655 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1980 |
| Zoning | I-L | ||
| Price | $1,374,244 CAD |
| Price Per Unit | $229,041 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,655 SF |
| No. Stories | 3 |
| Year Built | 1980 |
| Zoning | I-L |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Public Transportation
- Smoke Detector
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (75)
PROPERTY TAXES
| Parcel Number | 12-00120-0000-00057 | Improvements Assessment | $182,291 CAD |
| Land Assessment | $70,112 CAD | Total Assessment | $252,403 CAD |
PROPERTY TAXES
Parcel Number
12-00120-0000-00057
Land Assessment
$70,112 CAD
Improvements Assessment
$182,291 CAD
Total Assessment
$252,403 CAD
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570 56th St
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