5 Cap+ Multifamily investment property in Jersey City, NJ for $1,295,000 -
Brand new Income producing property with 4 years tax amendment.
Brand new home ground up development all still with warranties.
Excellent tenants your professionals with great jobs and credit rating. A garage that fit 2 -3 cars.
Property generates approximately $79,140 with the annual expense of $ 12300.
All renters are paying on time and all have yearly leases without any rent control.
The lower level of the duplex has already a bathroom and can be converted into a third unit by just adding a shower and a small kitchenette.
Very strong rental market as this property is very close to the journal square, Hoboken, path station etc.
To learn more about this Jersey City, NJ investment property message Ilan Benshoshan directly at +9179576174 or Email Crgproperties1@gmail.com
Great Opportunity to invest in the united states. If allowable seller may assign his mortgage to the new buyer. current mortgage is around the 4% interest.
showing empty apartments when the building was just built and finished. since then the building was rented with no vacancy.
THE NUMBERS
Price: - 100% Occupied
Monthly Rent: $6,595
ELECTRONIC APPRAISALS
Eppraisal.com
MONTHLY EXPENSES
Taxes: $8,000
Insurance: $1,440
Non-Tenant Utilities: $75
POTENTIAL PROFITS
Monthly Cash Flow: $5,495 - $0
As Is Cap Rate:Net Operating Income $66,840Purchase Price: $1,295,000Cap Rate: 0.05%
100% Occupied Cap Rate:Net Operating Income Purchase Price: $1,295,000Cap Rate: