424 BALDWIN AVE New Jersey


Property

Website:https://www.nestseekers.com/3514774
Address:
424 BALDWIN AVE
JC, Heights, NJ 07306
Ownership: income-property
Rooms: 3
Bathrooms: 3
Pets: Pets Allowed

Financials

Price: $1,250,000
Annual Taxes: $15,580

Description

Rare opportunity to own an exceptional piece of Jersey City real estate in an unbeatable location! This expansive four unit, mixed-use, corner property boasts an impressive 3,600 sq ft spread across four floors. The ground level is zoned commercial, owner occupied, and used as a doctor's office featuring a sitting area, two rooms, and a half-bath . All residential units are month-month, separate utilities, and boasts two bedrooms, one bathroom, living room, dining room, and eat-in-kitchen. Situated in The Heights Neighborhood, this all-brick, historic building currently performs at about a 4.5 % cap rate, with endless up-side potential up to 7% pro-forma. Approximately 20 minutes outside of lower Manhattan, New York, Downtown Jersey City, Newark Liberty Airport, Hoboken, and all major towns!

Contact

140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of PROVIDENT LEGACY REAL ESTATE SERVICES LLC ()

424 BALDWIN AVE JC, Heights NJ 07306 USA