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$ 1,425,000
Est. payment | /mo
9 Beds
6 Baths
$ 1,425,000
Est. payment | /mo
9 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260017179
Bedrooms 9
Full Baths 6
HOA Fees $3/mo
Lot Dimensions 25x165
Property Sub-Type 3 Family
Property Description
Turnkey 3-family investment opportunity in Jersey City! Recently renovated and requiring no immediate improvements, 172 Beacon Ave offers three spacious 3-bedroom, 2-bath residences, providing a highly desirable 9-bedroom / 6-bath unit mix. The property currently generates approximately $102,000 in annual gross rental income, with additional upside as leases roll over and rents are brought closer to market levels. Situated on an exceptional 25 x 165 lot, significantly deeper than the typical Jersey City parcel, the property also offers substantial long-term value and potential expansion possibilities, subject to zoning and municipal approvals. A rare opportunity to acquire a renovated, income-producing multifamily asset with strong existing cash flow, rental upside, and an oversized lot.
Location
State NJ
County Hudson
Area Jc Heights
Rooms
Basement Crawl Space
Interior
Heating A/C Central
Cooling A/C Central
Exterior
Exterior Feature Brick
Parking Features None
Listed by HOWARD HANNA RAND REALTY
Nearby Locations
Jamie Kline
Real Estate Broker/Owner License ID: 1647030
+1(732) 337-6992 | jamie@prolegacyrealty.com