592 West Side Ave
JC West Bergen,
NJ
07304
- Commercial
- Sold
- Misc
- ML# 230005756
Property Details
Overview
Investors dream opportunity to own a desirable and impressive income-producing 4 Unit Mixed Use property in Jersey City's Journal Square area. Solid Brownstone building with first floor retail and three apartments above. Each apartment is approximately 1300 sq ft with 4 generous bedrooms and 1 bath as well as laundry hookups. Located on prime West Side Avenue on a 28x100 lot. All separate utilities. Current rent is below market with significant upside potential. This is a fantastic investment, with steady positive cash flow with over 5% CAP return As Is. And easily projected 7-8% CAP return. The location is near various restaurants, shops, grocery stores, top charter schools, Saint Peter's University, NJCU, Houses of Worship (Churches, Mosques and Synagogues), and essential businesses. A short distance from beautiful Lincoln Park. A commuter's dream with a bus stop in front of the building to the PATH at Journal Square and easy access to NJ Turnpike and Route 440. Don't miss out on this amazing opportunity, schedule your private tour today!
Key Facts
- •Taxes: $16,393
- •Type Sale: For Sale
•Block: 18301
- •Lot: 00070
Listing Information provided courtesy of
LIBERTY REALTY LLC. Call at 201-610-1010