INVESTMENT OPPORTUNITY with a 10% cap rate based on projected rents and actual expenses

140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of COURT STREET PROPERTY GROUP (201-822-1850)


JC, Heights NJ 07307
Cross street:Off Terrace Ave


Ownership: For Sale
Type: Multi-Family
Rooms: 3
Bathrooms: 3
Pets: Pets No


Price: $575,000


INVESTMENT OPPORTUNITY with a 10% cap rate based on projected rents and actual expenses! Come tour this large, newly renovated three-family home in JC heights. Unit #1 is on the first floor and has 2 Beds / 1 Bath. Unit #2 is on the second floor and has 3 Beds / 1 Bath. Unit #3 is on the third floor and has 3 Beds / 1 Bath. The property is well-maintained and all three units have been renovated. Brand new kitchens and bathrooms in each unit. The home features 3 boilers, 3 hot water heaters, 3 electric meters & 1 common electric meter, 3 gas meters, 3 cold water meters, and a washer/ dryer hookup in the hall. All utilities (including cold water) are separately metered, so the Owner is only responsible for common area electric. The septic tank has been routinely maintained each year with no known issues. The property is close to NJ/NYC transportation, as well as walking distance to all local shops and restaurants. Lastly, there is plenty of off-street parking available in the area. Book your showing today, this one won't last!

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