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227 Clinton Ave

Jersey City, NJ 07304
  • $1,499,000
  • STATUS: Active Under Contract
  • ON SITE: 134 Days
  • MLS #: 3844407
Under Contract
UPDATED: 39 min ago
$1,499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,344
    SQFT
  • $345
    $/SQFT
Type:
Commercial
Built:
1915
County:
Area:

School Ratings & Info

Description

Introducing a remarkable investment opportunity in the vibrant city of Jersey City! This 6-unit apartment building is brimming with potential & offers the chance to create a lucrative cashflow stream. With finishing renovations, this property has the capacity to become a fantastic long-term investment for astute investors seeking substantial returns. Located in a thriving neighborhood, this building is strategically positioned to take advantage of all that Jersey City has to offer. Known for its dynamic atmosphere, proximity to NYC, & robust rental market, Jersey City is an ideal location for investors looking to capitalize on the booming real estate market. The building currently presents an exciting blank canvas awaiting the finishing touches to transform it into a highly desirable asset. Investors with a vision and an eye for renovation will appreciate the opportunity to create modern & appealing living spaces that will attract tenants & command premium rental rates. With the City's strong rental market & the potential for substantial cashflow, this property is primed for success. After finishing renovations are completed, investors can expect a significant return on investment & a steady stream of income for years to come. Beyond financial prospects, the location adds to its desirability. Building offers BRAND NEW roof, windows, siding & framing. SOLD COMPLETELY AS IS.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-30T09:46:34.047.
www.movetonewjersey.com/homes/139659995
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227 Clinton Ave Jersey City, NJ 07304

  • Price: $1,499,000
  • Status: Active Under Contract
  • On Site: 134 Days
  • Updated: 39 min ago
  • MLS #: 3844407
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,344
SQFT
$345
$/SQFT
1915
Built
County:
Hudson
Area:
Jersey City
Property Description
Introducing a remarkable investment opportunity in the vibrant city of Jersey City! This 6-unit apartment building is brimming with potential & offers the chance to create a lucrative cashflow stream. With finishing renovations, this property has the capacity to become a fantastic long-term investment for astute investors seeking substantial returns. Located in a thriving neighborhood, this building is strategically positioned to take advantage of all that Jersey City has to offer. Known for its dynamic atmosphere, proximity to NYC, & robust rental market, Jersey City is an ideal location for investors looking to capitalize on the booming real estate market. The building currently presents an exciting blank canvas awaiting the finishing touches to transform it into a highly desirable asset. Investors with a vision and an eye for renovation will appreciate the opportunity to create modern & appealing living spaces that will attract tenants & command premium rental rates. With the City's strong rental market & the potential for substantial cashflow, this property is primed for success. After finishing renovations are completed, investors can expect a significant return on investment & a steady stream of income for years to come. Beyond financial prospects, the location adds to its desirability. Building offers BRAND NEW roof, windows, siding & framing. SOLD COMPLETELY AS IS.
Exterior Features

Approximate Lot Size 30.50X87X34X91 Available Parking Spaces 4 Construction See Remarks Exterior Description Vinyl Siding Location Residential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Blacktop Roof Description See Remarks

Interior Features

Basement Yes Basement Description FullWalkout Cooling See Remarks Equipment Available See Remarks Heating See Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 6 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Permitted Use Apartment Building Primary Property Type Apartment Complex Prior Use Apartment Building Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 7443 Tax Rate Amount 2.118 Tax Rate Year 2022 Tax Year 2022 Utilities Gas-Natural Water Public Water Year Built Description Approximate Zoning R

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-953-2458.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-30T09:46:34.047.
 
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Manalapan NJ, 08527