$1,450,000
397 BALDWIN AVE Jc Journal Square, NJ 07306
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,450,000
Est. payment /mo
6 Baths
UPDATED:
10/14/2024 08:29 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240020255
Full Baths 6
Annual Tax Amount $15,760
Lot Dimensions 25X104
Property Description
Located in the desirable Journal Square section of Jersey City, this fully-occupied 5-unit investment property offers a mix of unit sizes, including a spacious 3-bedroom apartment, two 1-bedroom units, a 2-bedroom, and a studio. Utilities are separate for each unit, making it an ideal low-maintenance investment. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. With potential for rent increases through standard improvements, this is a solid property for investors, perfect for a 1031 exchange.
Location
State NJ
County Hudson
Area Jc Journal Square
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Listed by TRIUMPH GROUP REAL ESTATE
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G.K. Cheung
Broker of Record | License ID: 1120283
Broker of Record License ID: 1120283