Description
Located in the Greenville section of Jersey City, this well-maintained building features six oversized 2-bedroom apartments, each with separate utilities, making it a low-maintenance investment. Situated near Berry Lane Park and just a short distance from the Light Rail, the property offers tenants convenient access to parks and public transit. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. The building recently passed inspection, with the green card on hand, and requires no immediate work. With potential for rent increases through standard improvements, this turnkey property is perfect for investors or as a 1031 exchange. Photos are virtually staged.
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0BEDS
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N/AACRES
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7BATHS
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01/2 BATHS
School Ratings & Info
Description
Located in the Greenville section of Jersey City, this well-maintained building features six oversized 2-bedroom apartments, each with separate utilities, making it a low-maintenance investment. Situated near Berry Lane Park and just a short distance from the Light Rail, the property offers tenants convenient access to parks and public transit. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. The building recently passed inspection, with the green card on hand, and requires no immediate work. With potential for rent increases through standard improvements, this turnkey property is perfect for investors or as a 1031 exchange. Photos are virtually staged.
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Data last updated: 2024-12-04T08:26:17.63.