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Key Facts

Type Investment
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 1
Approx. Age 
MLS® Number 250012229

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® Number250012229
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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