Property
| Ownership: | income-property |
|---|---|
| Rooms: | 2 |
| Bathrooms: | 6 |
| Pets: | Pets Allowed |
FinancialsPrice: $1,450,000 Annual Taxes: $15,760
| Price: | $1,450,000 |
|---|---|
| Annual Taxes: | $15,760 |
DescriptionLocated in the desirable Journal Square section of Jersey City, this fully-occupied 5-unit investment property offers a mix of unit sizes, including a spacious 3-bedroom apartment, two 1-bedroom units, a 2-bedroom, and a studio. Utilities are separate for each unit, making it an ideal low-maintenance investment. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. With potential for rent increases through standard improvements, this is a solid property for investors, perfect for a 1031 exchange.
Neighborhood
Located in the desirable Journal Square section of Jersey City, this fully-occupied 5-unit investment property offers a mix of unit sizes, including a spacious 3-bedroom apartment, two 1-bedroom units, a 2-bedroom, and a studio. Utilities are separate for each unit, making it an ideal low-maintenance investment. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. With potential for rent increases through standard improvements, this is a solid property for investors, perfect for a 1031 exchange.
397 BALDWIN AVE New Jersey
DescriptionLocated in the desirable Journal Square section of Jersey City, this fully-occupied 5-unit investment property offers a mix of unit sizes, including a spacious 3-bedroom apartment, two 1-bedroom units, a 2-bedroom, and a studio. Utilities are separate for each unit, making it an ideal low-maintenance investment. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. With potential for rent increases through standard improvements, this is a solid property for investors, perfect for a 1031 exchange.
Neighborhood
Located in the desirable Journal Square section of Jersey City, this fully-occupied 5-unit investment property offers a mix of unit sizes, including a spacious 3-bedroom apartment, two 1-bedroom units, a 2-bedroom, and a studio. Utilities are separate for each unit, making it an ideal low-maintenance investment. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. With potential for rent increases through standard improvements, this is a solid property for investors, perfect for a 1031 exchange.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.