355 COMMUNIPAW AVE
Jersey City, NJ 07304
5 baths | 0.05 acres | #250005929
Description
Prime Investment Opportunity in Jersey City's Booming Bergen Lafayette Neighborhood! Corner 4-Family Brownstone with Carriage House Welcome to this exceptional investment opportunity in Jersey City's highly sought-after Bergen Lafayette neighborhood. This stunning corner 4-family brownstone, complete with a grandfathered carriage house, offers immense potential for renovation and rental income. Key Features: - Condo conversion plans included: Unlock the potential for individual unit sales. - Gutted interior: Excluding the 1st-floor unit, which is occupied by a tenant. - Renovated carriage house studio:( Behind the building on the property lot) A charming additional income stream. - Prime location: Walking distance to downtown Jersey City, Liberty State Park, light rail, and marina. - Proximity to amenities: Liberty Science Center, restaurants, shops, and Berry Park Lane. Investment Highlights: - Rent control status: Maintained due to the property's registered 4-family dwelling status. - 5 units in total: Maximizing rental income potential. - BOOMING neighborhood: Capitalize on Jersey City's rapid growth and development. Don't miss this rare opportunity to own a piece of Jersey City's history and secure a promising investment for the future.
Property Details
- Property TypeMulti-Family
- Lot Description20.5X111.5
- MLS #250005929
- MLS #250005929
- Property Subtype4 Family
- Cost2000000
- CountyHudson
- Acres0.05
- SubdivisionNJ
- Bathrooms5
- Parking Spaces1
Location
Legal
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Last Updated: . Source: HUDSON
Listing Courtesy
Listing Agent: FRANKIE FUENTES (#6757), Phone: 201-435-0720, Email: frankie.fuentes3@gmail.com
Listing Office: COLDWELL BANKER REALTY (#1317)
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