Meticulously maintained by the owner, premium materials used throughout the house. All important "guts and bones" of the house have been replaced in 2009. The ideal location - 5 to 7-minute walk to booming Journal Square. The strong rental market for those looking to rent out the second unit. 12% IRR on investment. Based on real data and reasonable assumptions. Alternatively, it could be your dream house in a fast developing area of Jersey City. Gorgeous 2 Family house located within 5 minutes walking distance from Journal Square PATH. 25 min to Midtown Manhattan. The house has been completely gutted and renovated in 2009 and been kept in excellent shape. A new roof was put in place in 2015. The house has 3 separate HVAC units for each floor and the fully finished basement. The place is currently a rental delivering 47K net of taxes, insurance, and utilities or about 6% at the asking price. The first unit is a duplex features 3 bedrooms, 2 baths with a large kitchen, 2 living / dining rooms, 2 offices, utility room (with washer/dryer) and storage room. Beautiful fenced backyard has a deck, a shed, and a grill. Granite countertops in the kitchen, Brazilian Walnut flooring throughout the apartment. The second unit has 2 bedrooms on the second floor and a bedroom in the attic with a lot of storage space. The kitchen leads to a beautiful outdoor deck. The master bath features marble tile with jacuzzi, while the second bathroom has a stand-up shower. The kitchen has a granite countertop and beautiful dark wood cabinets.
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