Investors and homeowners! We are presenting a 2024-renovated legal 4-family home in Jersey City with 11 bedrooms, 7 bathrooms, and parking for 2 cars! This property provides excellent potential for price appreciation in the fastest growing neighborhood of Jersey City. The property has easy access to PATH stations and the Port Authority for a very short commute to downtown or to New York City. This property was built in 2008 and renovated in 2024. Each unit has been meticulously upgraded to feature open concept living / dining areas, hardwood floors, and beautiful granite countertops. Unit 1 features 2 bedrooms and 1 bathroom while Unit 2, Unit 3, and Unit 4 all feature 3 bedrooms and 2 bathrooms. Unit 1 has a monthly rent of $2,400, Unit 2 has a monthly rent of $2,500, and Unit 4 has a monthly rent of $2,500. Investors – you can also rent out Unit 3 for the current market rate of $2,800 for a total rent roll of $122,400 / year! Homeowners – you can live in Unit 3 and have your mortgage completely paid off by your tenants and even have tens of thousands of dollars left over every year! Do not miss out on the lifestyle, local amenities, and 10% annual price appreciation that this area has enjoyed. Be part of the rapid growth of Jersey City. Welcome home.
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