453 PAVONIA AVE New Jersey

140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of KELLER WILLIAMS TEAM REALTY ()
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Location

453 PAVONIA AVE
JC, Journal Square NJ 07306

Property

Ownership: income-property
Rooms: 7
Bathrooms: 7
Pets: Pets Allowed

Financials

Price: $1,750,000
Annual Taxes: $13,331

Description

VERY RARE OPPORTUNITY to own 1 of the best buildings, on the best streets, on the best blocks in Jersey City. Located on the boarder of Journal Square & Downtown JC, this 6-unit building is just a 10 minute walk from the Journal Sq. PATH train or 18 minutes to Grove St PATH train & restaurants. The BONUS is that there is NO RENT CONTROL!!! Entire building is held as 6 condominium units. Each separate deed, being sold as 1 entire package. Sell the units off individually...OR dissolve the condo association & merge the taxes into 1 entity for a reduced tax implication. OR just hold as is this TRUE TURN-KEY positive income 6.5% Cap return investment!

Neighborhood

More listings: Journal Square

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