145 BERGEN AVE, JC, Greenville, NJ, 07305
Description
Rare high income investment opportunity at 145 Bergen Avenue. This substantial FOUR unit property offers a combined 16 bedrooms, 16 full bathrooms, and 3 half bathrooms, an unusually favorable bedroom to bathroom ratio well suited for shared living, student housing, or conventional multifamily use. Two units are currently occupied, generating $97,200 in annual rental income, while two vacant units provide immediate lease up and value add potential. This building also offers two rooftops and balconies. With significant existing income, two units available for repositioning, and a highly marketable 16 bedroom layout, 145 Bergen Avenue presents investors AND owner occupants with a compelling opportunity to acquire and stabilize a uniquely configured Jersey City multifamily asset.
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