$1,425,000

House for sale Jersey City
Property photo number 1 of 14 Photos for Property. File  105496463_29_7fbfbad189bfd15ee587ee02d0e13381.jpeg

Overview

SUMMARY: Discover an opportunity with this Jersey City house for sale and available for $1,425,000. This could be your next ideal home or a smart investment. More details await.
Turnkey 3-family investment opportunity in Jersey City! Recently renovated and requiring no immediate improvements, 172 Beacon Ave offers three spacious 3-bedroom, 2-bath residences, providing a highly desirable 9-bedroom / 6-bath unit mix. The property currently generates approximately $102,000 in annual gross rental income, with additional upside as leases roll over and rents are brought closer to market levels. Situated on an exceptional 25 x 165 lot, significantly deeper than the typical Jersey City parcel, the property also offers substantial long-term value and potential expansion possibilities, subject to zoning and municipal approvals. A rare opportunity to acquire a renovated, income-producing multifamily asset with strong existing cash flow, rental upside, and an oversized lot.
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Details

  • Beds: 9
  • Baths: 6
  • Price: $1,425,000

Location

Marketed by:

  • Listing Manager
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