3361 Kennedy Blvd, Jersey City, NJ 07307

Amazing business opportunity to own and run a successful, established AirBnB in the very desirable Jersey City Heights area! This legally zoned 3 Family building has enabled the current owner to generate over $100k a year in AirBnb business, while living cost free in one of the units! *New* Jersey City law requires owner occupancy for an AirBnb and this one has been running successfully as an owner occupied home and generating a 6 figure income for over 2 years. This turnkey opportunity will include most furnishings, all appliances, etc for the new owner to seamlessly jump into the existing income potential. This 3 Family building was renovated in 2017 and offers updated units on all levels as well as all the personal touches the current owners have added to make it a successful business. Each unit had a full kitchen renovation with all new cabinets, stainless steel appliances, dishwasher, granite counters and undermount sinks. The building lot is 25+ x 100+ which is above average, and a large private yard. In total there are 8 bedrooms and 3 full baths. Apt #1 features 2 bedrooms and 1 full bath, Apt #2 features 3 bedrooms and 1 full bath with an over-sized deck leading to the yard and Apt #3 features 3+ bedrooms, 1 full bath and W/D in unit. All units can be accessed through the yard from the detached side alley, and the private shed is great for bikes or additional storage. Separate laundry room has 2 W/D sets. This fantastic location has a bus stop in front for direct NYC access in 30 minutes via Community Lines Bus or NJ Transit and is a comfortable walk to the Heights elevator down to Hoboken or JSQ PATH. This incredible location is also adjacent to Leonard Gordon Park which is a desirable open space in Jersey City that has been approved for renovations. Potential Cap : 4.75% - 8% Unit 1: http://airbnb.com/h/libertycottage 133 reviews to date (Over 100 5 star reviews) Generally 45% of the combined gross income Unit 2: http://airbnb.com/h/hudsonhouse 117 reviews to date (Over 100 5 star reviews) Generally 55% of the combined gross income