INVESTORS! Fully Rented,Cash Flow Multi family, 3 units, Excellent Location and good ROI, low expenses. Large lot. Cash on cash double digit return. Very Rare, 2 structures on a single large L shaped deep lot. First Unit is Single family home with 3 beds, 2.5 baths and garden. Separate building in back with 2 apartments, 1.5 bed with 1 bath and 1 bed with 1 bath. Separate utilities. Well maintained. Option for owner occupied to live in the large single family home and collect rent from the other 2 apartments, or collect rent on all 3 units. Front house: $2300 (Room to increase rent) Back house Apt# 1:$1500 Back house Apt#2: $1450 Very rare opportunity, 2 structures on a single lot grandfathered in legal 2 family with 3 units. 1st unit is a single family home, 2nd structure in the back consists of 2 apartments. Huge backyard. Property is right off JFK blvd and 5th st on the border of Jersey City heights and North Bergen. Large L shape lot. Long term tenants with up to market rent. Well maintained by current owner since 2012, all units kept renovated. Separate utilities. Gross annual income is $63000. Net annual income is $50,000, low property tax and expenses. Serious buyers only. Direct with owner, no realtors.
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