112 Kensington Ave, Jersey City

$795,000

2 Beds
4 Baths
0 Sqft
0 Acres
0 Garages

Wonderful opportunity to add to your investment portfolio a mixed use property or to rehab this multi-unit building located in booming area close to the heart of the Journal Square business district. Also good option for developers looking to rehab. 4 story building has 2 car parking on site, small yard, 2 residential units and 1 commercial unit. First floor has large professional med office space. Finished basement with kitchen and bath. Small yard. Lot is 25 x 82. Separated Utilities. Easily modifiable spaces. Walking distance to many stores, restaurants, park, bus and path train. Current potential gross income around $67k a year with 6-7% cap rate. Low taxes. Great investment opportunity in growing area. Please do not disturb tenants.

Essential Information
MLS® #202001764
Price$795,000
Bedrooms2
Bathrooms4.00
Full Baths4
Acres0.00
TypeMulti-Family
Sub-Type3 Family
StyleMulti-Level
StatusACTIVE
Community Information
Address112 Kensington Ave
AreaJC Journal Square
CityJersey City
CountyHudson
StateNJ
Zip Code07304
Amenities
Parking2 Cars
Interior
Has BasementYes
BasementFinished
Heating

A/C Central, Baseboard, A/C Wall

Exterior
ExteriorBrick
Lot Description25x82
Additional Information
Date ListedJanuary 28th, 2020
Days on Market19
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Listing information last updated on February 16th, 2020 at 1:33pm CST.

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