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

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of COURT STREET PROPERTY GROUP (201-822-1850)
Tweet

Location

207 THORNE ST
JC, Heights NJ 07307
Cross street:Off Terrace Ave

Property

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

Financials

Price: $575,000

Description

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!


The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the Hudson County MLS. Real estate listings held by brokerage firms other than Nest Seekers, LLC are marked with the HCIDX mark and the information about them includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.