50
See all 50 photos
$1,399,000
Est. payment /mo
7 BA
Price Dropped by $100K
200 LEMBECK AVE Jc Greenville, NJ 07305
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UPDATED:
12/27/2024 03:13 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240023389
Full Baths 7
Annual Tax Amount $14,762
Lot Dimensions 3153
Property Description
Investor's dream! This rare fully occupied 7-unit multifamily property in the heart of Jersey City is a turnkey investment generating strong, steady cash flow. Ideally located in a high-demand rental area, this well-maintained building offers easy access to public transportation and major highways. Just minutes from NYC, this property appeals to a broad tenant base of commuters and locals alike.Property Highlights:- Units: 7 total units, with a mix of spacious 1- and 2-bedroom apartments- Occupancy: 100% occupancy with stable, long-term tenants on all month-to-month leases.-Rental Income: Consistent cash flow with room for potential rent increases- Location: Prime Jersey City location, close to PATH trains, less than 1 mile to Danforth light rail, and bus lines- Condition: Well-maintained with some updates.- Amenities: Potential to add On-site laundry.
Location
State NJ
County Hudson
Area Jc Greenville
Listed by REALTY ONE GROUP PARAMOUNT