200 Lembeck Ave, Jersey City, NJ

$1,200,000

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4,284

Square feet

0.07

Acres

About 200 Lembeck Ave

Investor's dream! This rare fully occupied 7-unit multifamily property in the heart of Jersey City is a turnkey investment generating strong, steady cash flow. Ideally located in a high-demand rental area, this well-maintained building offers easy access to public transportation and major highways. Just minutes from NYC, this property appeals to a broad tenant base of commuters and locals alike.Property Highlights:- Units: 7 total units, with a mix of spacious 1- and 2-bedroom apartments- Occupancy: 100% occupancy with stable, long-term tenants on all month-to-month leases.-Rental Income: Consistent cash flow with room for potential rent increases- Location: Prime Jersey City location, close to PATH trains, less than 1 mile to Danforth light rail, and bus lines- Condition: Well-maintained with some updates.- Amenities: Potential to add On-site laundry.

Features of 200 Lembeck Ave

MLS® # 3935664
Price $1,200,000
Square Footage 4,284
Acres 0.07
Year Built 1926
Type Commercial
Status Active

Community Information

Address 200 Lembeck Ave
City Jersey City
County Hudson
State NJ
Zip Code 07305-3821

Amenities

Utilities Gas-Natural
Parking None

Interior

Heating Gas-Natural
# of Stories 3
Has Basement Yes
Basement Finished, Storage, Walkout

Exterior

Exterior Wood
Roof Asphalt Shingle

Additional Information

Date Listed November 22nd, 2024
Days on Market 170
Zoning R-1

Listing Details

OfficeREALTY ONE GROUP PARAMOUNT
Contact Info201-347-3255

Listing Map

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