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486 Central AveJersey City, NJ 07307

Hudson County

$1,600,000List price
5 months agoOn market

Listing Courtesy: KELLER WILLIAMS VILLAGE SQUARE REALTY - 2014454300

Description

Exceptional mixed-use investment opportunity featuring three total units with strong income potential. This well-maintained property consists of two fully rented residential apartments and one commercial space. The residential portion includes a spacious 3-bedroom, 1-bath apartment and a 2-bedroom, 1-bath apartment, both currently occupied and generating immediate rental income. Both leases are month to month. The ground-level commercial space, previously operated as a bar, is currently vacant and offers endless possibilities for an owner-user or investor looking to establish a new business or lease the space for additional income. Included in the sale is a valuable Type 33 liquor license, adding tremendous value and flexibility to the commercial component of the property. Whether you are looking to expand your investment portfolio or operate your own business while collecting residential rental income, this versatile mixed-use property presents a rare opportunity with existing cash flow and future upside potential. Conveniently located near major transportation, local businesses, and community amenities.

Property Information

Property type
Residential Income
Sub-type
Duplex
Style
Colonial
Days on market
172
MLS® Listing#
260009579

Property Features

Cooling
Window Unit(s)
Heating
Hot Water · Natural Gas
Construction
Aluminum Siding

Financial Details

Annual taxes
$10,444
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