48 Danforth Ave

Description

High cash-flow investment opportunity in Jersey City with projected 2025 gross income exceeding $100,000+ and additional upside potential. This oversized, fully renovated single-family property is currently configured for a successful co-living and short-term rental strategy, with all rooms actively rented through Airbnb, demonstrating strong existing rental demand and income potential. The property features 8 bedrooms and 4.5 bathrooms across a spacious layout designed to maximize rental income while offering comfortable living accommodations. Ideal for investors seeking a turnkey asset with immediate cash flow potential. Property Highlights: • 8 Bedrooms | 4.5 Bathrooms • Projected 2025 Gross Income Exceeding $100,000+ • All rooms currently operating as Airbnb rentals • Ideal for co-living, furnished rental, or short-term rental investment strategy • Parking for up to 4 vehicles with private driveway • Tesla charging station • Private backyard • Fully renovated in 2019 with major upgrades including roof, plumbing, electrical, central HVAC, insulation, windows, flooring, tankless hot water system, and security/alarm system Located in Jersey City’s rapidly growing Greenville section near the Bergen-Lafayette border, just minutes from the Danforth Avenue Light Rail with direct access to Exchange Place, PATH trains, and Manhattan. Convenient access to Route 440, NJ Turnpike, and I-78 allows for an easy commute throughout Northern New Jersey and NYC. Turnkey condition, strong projected income, multiple rental strategy options, and a high-demand location make this an exceptional addition to any investment portfolio.