32 Martin Luther King Jr Dr JC, Greenville, NJ 07305
Other
MLS #: 250012229
Courtesy Of Hudson View Realty, LLC
Property InformationDescription
Unlock the full potential of this Class C Mixed-Use income-generating property in the heart of Jersey City s growing Greenville neighborhood. 32 MLK Jr Drive features: 2 Spacious Residential Units (both 3BR / 1BA) Retail or Office Space on Ground Level Three Stories of Usable Space No Rent Control & Active Green Card Separately Metered Utilities Low Operating Expenses Total Gross Annual Income: $67,800 Net Operating Income (NOI): $48,979 Estimated Cap Rate: 6.53% This is a prime opportunity for investors looking for a stabilized asset with solid in-place cash flow and upside potential in a rapidly developing area near mass transit, shopping, and schools. With no renovation required, this turnkey property is ready to go from day one.
Features
- Architecture Style: Other
- Building Units: 2
- Floors: 3
- MLSID: 250012229
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