Home For Sale

Picture of Home For Sale in Jersey City, New Jersey, United States

$1,800,000

61 Reservoir Ave
Jersey City, New Jersey, United States

7bd 6ba

Listed By: Realtyww Info

Listed On: 09/12/2024

Listing ID: GL11218934 View More Details

Description

Highly sought-after 2015 gut reno legal 3-family property in prime location a block from JC Heights Newest Multi Million Dollar Park - Reservoir 3 Park - with exceptional rental income (CAP rate of 5.6%, Proforma at 6%). Enjoy the luxury of meticulously renovated interiors. Apt's 1 and 2 both feature two bedrooms and two baths, Apt 3 on the top floor is a three bed, two bath with soaring 14 foot high ceilings in the main living area. All units enjoy ample natural light (Apt 2 and Apt 3 enjoy oversized custom windows), stainless steel appliances, open concept layouts, hardwood floors in Apt 2 and 3, Porcelain tile floors throughout Apt 1, in-unit washer anddryers, central AC/heat w/ nest thermostats throughout. Low maintenance exterior siding, units share a large low maintenance yard. Lot size 25x100. Enjoy the flexibility of living in one of the units while generating great rental income from the others. In addition, benefit from easy accessibility to NYC transportation via direct port authority buses or JSQ PATH, parks, shopping and dining in the nearby restaurants throughout Jersey City and Hoboken just down the hill. Sellers are NJ Licensed real estate agents.

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Listed by: Rocio Beriguete-mendez