266 Duncan Avenue Jersey City, NJ 07306

$2,700,000
18
Beds
10.1
Baths
0.03
Acres
$2,700,000
18
Beds
10.1
Baths
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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''

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''

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Hudson
  • Area
    Jersey City
  • Tax Amount
    $11,873
  • Status
    Active
  • Listing #
    22615585
  • Lot Size
    0.03
  • Listed on site
    9 days
  • Listing Agent Phone
    (732) 984-8300

Listed by:
RE/MAX Central

Listing provided by Monmouth Ocean Regional MLS.
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
  • Basement

Style

  • Three+ Story
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