GREAT 3 UNIT INVESTMENT OPPORTUNITY!! 7% cap rate based on CURRENT rents. You won't find another cap rate this high based on actual rents anywhere else in Jersey City. Units 1 and 2 railroad style apartments feature 3bed/1bath and the 3rd floor attic unit features 1bed/1bath. The property includes 3 boilers, hot water heaters, gas meters, and electric meters. 1 car parking available behind the building. Tenants pay heat, gas, electric. Income and expense report available upon request. Current tenants are month to month.
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