The Local Girl Real Estate

Return To
Jersey City
Expiry Date: June 18, 2024
For Sale

182 SUMMIT AVE

Sales Price
$2,499,000
Property Type
Duplex / Multi-Family
Bedrooms
5 or more
Bathrooms
5 or more
sq ft
N/A

**Income-Producing Multi-Family Opportunity with Development Potential** Located on bustling Summit Avenue, this versatile property offers an incredible investment opportunity. Currently configured as an income-producing multi-family with split utilities, the property features bounce units ideal for owner-occupants or the potential to tear down and develop into condos. **Prime Location** Situated near transportation hubs, restaurants, parks, and all the amenities Summit Avenue has to offer, this property is in the heart of the action. **Parking and Garage** The property boasts ample parking with 5 spots in the front and a convenient 2-car detached garage in the back, providing added convenience and value. **Under Market Rent** Currently collecting under market rent, there is potential to increase income immediately. **Development Potential** With its flexible layout and development-friendly location, this property presents a rare chance to capitalize on the booming real estate market in the area.


Location
182 Summit Ave, Jersey City, NJ 07304, USA
Year Built
N/A
Parking
Yes
Public Transport Access
N/A
Wifi
N/A
Pet Friendly
N/A
Air Conditioning
N/A

Available Amenities
  • N/A

Taxes or Fees
Taxes
$14,660
A Year
HOA Fees
N/A
Published: April 19, 2024