Property
| Ownership: | income-property |
|---|---|
| Rooms: | 4 |
| Pets: | Pets Allowed |
FinancialsPrice: $1,750,000 Annual Taxes: $37,097
| Price: | $1,750,000 |
|---|---|
| Annual Taxes: | $37,097 |
DescriptionRARE Opportunity! Your Next Investment Awaits! Calling all Restauranteurs/Retailers! Located in the coveted Journal Square Section of Jersey City, this mixed use building has tons of Value Add potential. Operate a restaurant or store on the first floor and have the income from the apartments above to offset your expenses! The Commercial space on the 1st floor is comprised of 1900 SqFt! There are 4 additional 1BR apartments on the 2nd and 3rd floor. All units are separate utilities! The 2 second floor apartments are vacant but the 2 third floor apartments are occupied on a month to month lease. Schedule your showing today and bring your vision to life! Walking distance to Journal Square and the subways to New York. One block to a bus downtown train service to low Manhattan.
Neighborhood
RARE Opportunity! Your Next Investment Awaits! Calling all Restauranteurs/Retailers! Located in the coveted Journal Square Section of Jersey City, this mixed use building has tons of Value Add potential. Operate a restaurant or store on the first floor and have the income from the apartments above to offset your expenses! The Commercial space on the 1st floor is comprised of 1900 SqFt! There are 4 additional 1BR apartments on the 2nd and 3rd floor. All units are separate utilities! The 2 second floor apartments are vacant but the 2 third floor apartments are occupied on a month to month lease. Schedule your showing today and bring your vision to life! Walking distance to Journal Square and the subways to New York. One block to a bus downtown train service to low Manhattan.
527 MERCER ST New Jersey
DescriptionRARE Opportunity! Your Next Investment Awaits! Calling all Restauranteurs/Retailers! Located in the coveted Journal Square Section of Jersey City, this mixed use building has tons of Value Add potential. Operate a restaurant or store on the first floor and have the income from the apartments above to offset your expenses! The Commercial space on the 1st floor is comprised of 1900 SqFt! There are 4 additional 1BR apartments on the 2nd and 3rd floor. All units are separate utilities! The 2 second floor apartments are vacant but the 2 third floor apartments are occupied on a month to month lease. Schedule your showing today and bring your vision to life! Walking distance to Journal Square and the subways to New York. One block to a bus downtown train service to low Manhattan.
Neighborhood
RARE Opportunity! Your Next Investment Awaits! Calling all Restauranteurs/Retailers! Located in the coveted Journal Square Section of Jersey City, this mixed use building has tons of Value Add potential. Operate a restaurant or store on the first floor and have the income from the apartments above to offset your expenses! The Commercial space on the 1st floor is comprised of 1900 SqFt! There are 4 additional 1BR apartments on the 2nd and 3rd floor. All units are separate utilities! The 2 second floor apartments are vacant but the 2 third floor apartments are occupied on a month to month lease. Schedule your showing today and bring your vision to life! Walking distance to Journal Square and the subways to New York. One block to a bus downtown train service to low Manhattan.
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.