1004 Summit Ave

    Jc, Heights, NJ 07307
    • $2,300,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 202004704
    Price Reduced
    UPDATED: 54 min ago
    $2,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    Completely re imagined 6 family apartment building with condo finishes with a 6.79% cap rate! You will only collect rent from this amazing property. All units have 2 bedrooms 2 baths. Full Roof Deck, the entire building has a sprinkler system with central station monitoring, Amazon Alexa built-in to each unit in multiple rooms with in-ceiling speakers! Attention to detail throughout the entire property. Buy and hold for an income for life or buy and condo convert to make a fast profit. Low taxes, almost zero maintenance due to all of the utilities being separated. Pay only Taxes, Water/Sewer, Insurance and minor maintenance. Perfect for 1031 exchange. Seller is an actively license Real Estate Broker. Taxes Estimated. Condo Conversion already approved by the State Of NJ!

    Monthly Payment Calculator



    © 2020 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Trompeter Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than The Trompeter Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-06-01T17:25:48.057.
    www.thetrompetergroup.com/homes/104013074

    1004 Summit Ave Jc, Heights, NJ 07307

    • Price: $2,300,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 202004704
    0
    Beds
    12
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Jc, Heights
    Area:
    Jc, Heights
    Property Description
    Completely re imagined 6 family apartment building with condo finishes with a 6.79% cap rate! You will only collect rent from this amazing property. All units have 2 bedrooms 2 baths. Full Roof Deck, the entire building has a sprinkler system with central station monitoring, Amazon Alexa built-in to each unit in multiple rooms with in-ceiling speakers! Attention to detail throughout the entire property. Buy and hold for an income for life or buy and condo convert to make a fast profit. Low taxes, almost zero maintenance due to all of the utilities being separated. Pay only Taxes, Water/Sewer, Insurance and minor maintenance. Perfect for 1031 exchange. Seller is an actively license Real Estate Broker. Taxes Estimated. Condo Conversion already approved by the State Of NJ!
    Exterior Features

    Lot Size 2500 Number Parking Spaces 0 Stories 3

    Interior Features

    Sprinklers Wet Two Bedrooms 6

    Property Features

    Amps 400 Commercial Type Investment Elevators No Flood None Free Standing Yes Fuel Gas Green Card Yes Gross Income 201600 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use No Operating Expenses 17548 Phase Single Rent Control Yes Taxes 21000 Volts 120/240

    Listing provided courtesy of Smart Choice Realty Llc:201-653-3300.


    © 2020 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Trompeter Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than The Trompeter Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-06-01T17:25:48.057.
     
    The Trompeter Group
    355 Varick Street
    Jersey City NJ, 07302