Exceptional opportunity to acquire a high cash-flowing mixed-use portfolio package in the rapidly growing Journal Square/Lincoln Park section of Jersey City. This rare package consists of 3 separately metered mixed-use buildings featuring commercial storefronts on the ground level with residential rental apartments above, offering immediate income with tremendous upside potential.Current gross annual income of approximately $236,000 with projected proforma income exceeding $286,000 annually at stabilization, creating a strong value-add investment opportunity at a $2.7M asking price with attractive 10 CAP potential.The portfolio includes: 718 West Side Ave - ''Juice Bar Building'' 722 West Side Ave - ''Pizza Building'' 266 Duncan Ave - ''Super Hero Building''
Listed by:
RE/MAX Central