158 NEW YORK AVE

Turnkey Investment property on prominent corner on the Eastside of Jersey City Heights. Located at the South East corner of New York Ave and Franklin Street. Close proximity to Palisade Avenue retail row, Farmers markets at Riverview Fisk Park, NYC bus transportation, Hoboken and Journal Square. Property is two separate three family homes being sold as a package, providing the benefit of six total units plus driveway parking in one location, while also staying outside of rent control requirement, and qualifying for residential loan limits. Units all feature recently upgraded separate utilities, renovated kitchens and bathrooms, hardwood floors, exposed brick, and replaced windows. All units are paying market rent and are on annual leases providing a 5.7% CAP Rate. Rarely does this location, this feature, and this cap rate come available. Please review the enclosed financial and come view it right away.