1153-1155 Summit Ave Jersey City, NJ 07307

Features

• Total Units: 5

Facts

• Property ID: 930993746
• MLS Number: 240012176
• Property Type: Single Family Home
• County: Hudson
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Century 21 Preferred Realty and its Listing Agent Luis A Negron Jr is pleased to present this exclusive opportunity to purchase a strategically located investment property at 1153-1155 Summit Avenue on the corner of Summit Avenue and Poplar Street in Jersey City NJ (The-Heights) 07307. The investment property is comprised of 2 buildings, The First property is a 3 story mixed used building consisting of 1 Commercial (Deli/Convenient Store) and 2 Residential Apartments (3BR & 2BR). The second property is a 2 story building with 2 Residential Apartments (3BR Each). The property is 100% occupied and centrally located in the heights. 1153-1155 Summit Avenue is 1 short block from JF Kennedy Blvd with bus lines that service both the NY Port Authority and the JSQ Path Station as well as a 15 minute walk to the Congress Street Light Rail Station and with its close proximity to Route 3, 139, Pulaski Skyway, NJ Turnpike, GW Bridge, Holland & Lincoln Tunnels makes this property any Investors Dream. The property can be subdivided converting this 4 Residential and 1 Commercial into two Separate properties 1153 Summit Avenue (3 Apartments & 1 Commercial) 1155 Summit Avenue (3 Apartments) for a total of 7 units. Once the property is developed the Projected Yearly Gross Income Is Approximately between $240, 000.00 and $258, 000.00. Seperate Utilites. Owners pay W/S only.