221 Pacific Ave - Apartments FOR SALE


Jersey City, NJ 07304
$1,500,000 USD
917-561-0600
221 Pacific Ave, Jersey City, NJ for Sale
$1,500,000 USD
Apartments - FOR SALE
1/24
null | 7% Cap Rate

221 Pacific Ave
Jersey City, NJ 07304


HIGHLIGHTS

  • Fully renovated 6 unit building
  • Modern kitchen upgrades
  • Charming interiors
  • Seperate utilities for each unit
  • Efficient heating and air systems
  • Prime location in Bergen Lafayette

OVERVIEW

A fantastic investment opportunity! 7% Cap rate!! This fully renovated 6-unit investment property offers, granite counter tops, stainless steel appliances, hardwood floors, and exposed brick for added old-world charm. Each of the six two-bedroom apartments has seperate utilities, ensurimng convenience for tenants. Additionally, every apartment has its own separate gas heating system, and a modern forced air system is installed in each unit. This property is a great chance to be part of the Bergen Lafayette revival. Don't miss out on this excellent investment opportunity!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$364 USD /SF

# OF UNITS

6

PRICE/UNIT

$250,000

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1921

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R2

APN/PARCEL ID

06-19903-0000-00020

ASK ABOUT THIS PROPERTY

Natalie J. EsfandiariThe NJ GroupMore Info
917-561-0600

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Natalie J. EsfandiariThe NJ GroupMore Info
917-561-0600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.