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🏢 Just listed — Multifamily for sale in Hackensack, NJ.

📍 120-122 Lodi Street, Hackensack, NJ
🏷  Multifamily · For Sale
💰 $1.90M
📈 7.40% cap

UNIQUE INVESTMENT OPPORTUNITY! Legal 8-unit residential property.

<p>Immediate strong yield; turnkey stability; positioned for NOI growth and equity build; valuable risk mitigation; rent upside; area demand. All lease are current; strong tenant retention. Rent roll/expenses avai

Full financials, photos, and broker contact:
https://commrty.com/property/new-jersey/hackensack/120-122-lodi-street-2498706-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=120-122-lodi-street-2498706

#Hackensack #Multifamily #CommercialRealEstate #CRE #Investment

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Home/NJ/Hackensack

120-122 Lodi Street

Hackensack, NJ 07601

Asking Price

$1.90M

Cap Rate

7.4%

Asset Type

Multifamily

Class

Class B

What's Special

UNIQUE INVESTMENT OPPORTUNITY! Legal 8-unit residential property. Immediate strong yield; turnkey stability; positioned for NOI growth and equity build; valuable risk mitigation; rent upside; area demand. All lease are current; strong tenant retention. Rent roll/expenses available.

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

4.21%

DSCR

0.71

Underwater

Cash-on-Cash

-5.75%

Monthly Payment

$9,400.158

Annual Cash Flow

$-32,801.901

Location & Travel Times

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Contact for price

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Listed by Owner · For Sale