Jersey City Downtown - 8 Condo Units!

Address: Sixth Street 314 (Hamilton Park) Jersey City NJ 07302

Property type: House for sale $2,100,000

Rooms: ten bedrooms and eight bathrooms

Available: anytime

Features:

• $160000 Income
• $1300 Taxes / Unit / Year
• No Historic Requirements
• No Rent Control
• Vacant and ready to rent / sell
• Close to Pavonia Newport PATH
• Hamilton Park District
• Buy for $260 / Unit!
• Immediate Cash Flow
• Sell Units for up to $2.7M

Description:

8 Unit Condo Building - VACANT! Converted to condo status and partially rehabbed. No Rent Control, No Historic Encumbancies. 8 x 2bed 1 bath units 50ft x 12ft. Large 50ft x 25ft garden for further development. New Roof, Windows, Staircase, Hardwood Floors, Masonry Work. New Green Card! Take a look at the additional pictures. Each unit may be sold off at $345k and up. Sell off the units for a profit or rent them out and Gross $160k per year. Taxes are only $1,100 per unit per year! Located next to the downtown historic embankment, many units have NYC views. A wonderful haven for commuters. Moving out of town and this prime investment property must be sold! All the hard work is done. This is not just a building, its a retirement plan. Asking $2.1mil