Property Details

Upcoming Open House: View Location

04/20/2024 - 04/20/2024 11:00AM - 12:00PM

Overview

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, an all major towns!