$365,000
Sold

40 MARTIN LUTHER KING JR DR

Jersey City, NJ 07305
6 beds | 4 baths | #190014968
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

GREAT INVESTMENT PROPERTY! 10% CAP rate based off projected rents. This 2-Family mixed use property features 2 spacious 3 Bed/1.5 Bath units and commercial space on the ground level. The units are tenant occupied with month to month tenants. New roof and new stairs recently done. 3 separate electric meters separating the commercial space, and units. Close to local shops, restaurants, schools, and parks. The location can't be beat - one block from bus stations and JFK Blvd, and a few blocks away from Danforth Ave Light Rail Station for seamless transportation to NYC. Income & Expense sheet available upon request. This property won’t last long, schedule a showing today!

Location

George LlerenaReal Estate Group