This purchase and hold offering represents a recently updated opportunity to acquire the only available 20+ unit asset in Hoboken with the potential to add value by increasing the rents to market. Leases are one year. Units are separately metered for electricity and cooking gas. Heating gas is provided by the building. Property offers a laundry room consisting of 2 washers and 2 dryers and is located in the walkout basement that also leads to the intimate, well maintained, backyard. This 20+ unit building is offered at $4, 700, 000 with a 6.2% cap.