Bought with Eunhee Lee 2Win Realty LLC
$3,680,000
$4,100,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Alliotts PL Palisades Park, NJ 07650
Key Details
Sold Price $3,680,000
Property Type Multi-Family
Sub Type 5+Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 26010341
Sold Date 11/12/26
Style 5+Family
Property Sub-Type 5+Family
Property Description
We are pleased to offer this high-performing 14-unit multi-family building perfectly situated directly on Broad Ave in the heart of Palisades Park. Total of 14 units consisting of 12 spacious 1-Bedroom/1-Bath apartments and 2 Studio apartments. One unit is currently occupied by an on-site Building Superintendent, ensuring smooth day-to-day operations. Excellent Location: Unbeatable access to local shops, dining, and NYC public transportation, making this a highly sought-after location for tenants. Strong Cash Flow: This property offers stable income with high rental upside. Reason for Sale: First time on the market in years—the current owner is retiring, presenting a rare opportunity for a new investor. High Occupancy: Ideally located for easy leasing with historically low vacancy rates. 10 Parking spaces, Roof less than 5 years old, sewer line changed 5 years ago: cost $60,000, emergency lights replaced.
Location
State NJ
County Bergen
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