$1,250,000

289 Martin Luther King Jr Dr , Jc, Greenville, NJ 07305

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:Unknown
Year Built:--
Listing Status:Active

Listing Agent

George Llerena
http://www.sellingthehudson.com
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Loan Amount:
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

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Description

Welcome to 289 MLK Dr, a unique and investment-ready 5-unit mixed-use building in the heart of Jersey City, NJ offering a pro-forma cap rate of over 8.3%. This property combines newly renovated residential units and a thriving, fully operational bodega on the ground floor, offering an excellent opportunity for investors or owner-occupants seeking a property with strong income potential. Four spacious 2-bedroom, 1-bathroom apartments featuring contemporary updates, high ceilings, and ample natural light. These units offer modern kitchens, updated bathrooms, central heating(gas), and hardwood floors throughout. The ground-floor retail space is home to a local bodega, providing essential goods to the community and generating steady rental income. Located just 5 blocks from the MLK Light Rail Station, commuting to New York City is convenient and fast. The station connects to the Hudson-Bergen Light Rail, which provides a direct route to Hoboken Terminal in approximately 20 minutes, where you can easily transfer to PATH trains for quick access to Manhattan (about a 10-minute ride). Whether you're looking to build equity or add a reliable income stream, this property provides immense value. Schedule a tour today to see the full potential of this incredible opportunity!

Detailed Items

Other Information

289 Martin Luther King Jr Dr, Jc, Greenville, NJ, 07305 is a commercial sale listing of 0 sqft on a lot of Unknown. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property289 Martin Luther King Jr Dr, Jc, Greenville, NJ
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