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$1,500,000
Est. payment /mo
5 Baths
OPEN HOUSE
Sun Jul 20, 1:00pm - 4:00pm
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250014230
Full Baths 4
Half Baths 2
Annual Tax Amount $18,113
Property Sub-Type Investment
Property Description
Located in the heart of Jersey City's West Bergen neighborhood, this 6-unit mixed-use building offers strong cash flow potential, low expenses, and long-term upside with a 9% projected cap rate. Includes four residential units (featuring spacious 2- and 3-bedroom layouts) and two commercial spaces, with five of six units already vacant and ready to rent. Interiors of the residential units are already renovated, featuring hardwood floors, brand-new appliances, and a cost-efficient setup where tenants control their own outside hallway light sensors, reducing electric costs for the cost-conscious investor. Surrounded by shops, restaurants, schools, and NYC-bound bus lines, and just 10 minutes from Lincoln Park — this is the kind of asset that rarely hits the market.
Location
State NJ
County Hudson
Area Jc West Bergen
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Listed by KELLER WILLIAMS TEAM REALTY