***This property qualifies for special financing under Community Reinvestment Act (CRA), allowing for buyers who meet certain criteria to get conventional mortgages for lower down payments without PMI*** Freshly painted, updated and move in ready, 88 Lincoln is a detached 2 family home for sale in Jersey City Heights that is perfect for owner-occupants, investors, or builders. Located between JFK Blvd and Central Ave shopping districts, this 25 wide lot has 2277 sqft living area, plus parking and a large yard. Owners duplex features high ceilings, large eat in-kitchen, 2 bedrooms and a contemporary bathroom on the main floor, plus two additional bedrooms, full bathroom, laundry sink/hookup and extra fridge in the lower level. The large backyard can be accessed from both the main floor and the lower level. Unit 2 on the 2nd floor, with updated eat in kitchen, 3 bedrooms and a bathroom, is rented through July 2020 at $1700/month including utilities. The parking spot rents for $100. 88 Lincoln also features newer windows, brand new water heaters and furnace, separate electric for both units, and several recently updated appliances. Live in one unit, and rent out one. Or rent out both, earn 5%+ cap rate. The lot coverage of adjacent buildings is more than 88 Lincoln, so expansion may be possible with city permits. The driveway parking is a rare bonus! This home is located on a residential one way road but close to public transportation, school, park, shopping and restaurants.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
