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    1074-1080 Summit Ave

    Jc, Heights, NJ 07307
    • $1,599,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 202014534
    $1,599,000
    • 0
      BEDS
    • N/A
      ACRES
    • 6
      BATHS
    • 2
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    Incredible opportunity to own an 8 unit building located in the heart of Jersey City Heights. This building has plans in place to completely restore it to its full potential. Tons of upside as a long-term investment. 1074-1080 Summit Avenue has 2 fully gutted retail spaces and 6 residential apartments. The two commercial spaces feature lofted ceilings and easily rentable and both desirable sizes for the neighborhood. One apartment is vacant and is gutted with plans for a new remodel. Five apartments are below-market rentals with long-term upside for increases. There is a parking lot with four tandem spots allowing up to eight car parking. The building is located close to many major commuting routes and an up-and-coming shopping/dining area. Great for both an owner/user or as an investment opportunity.

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    © 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 eXp Realty. 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 eXp Realty 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: 2020-08-04T00:25:41.587.
    www.sellwithsikora.com/homes/108042513
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    1074-1080 Summit Ave Jc, Heights, NJ 07307

    • Price: $1,599,000
    • Status: Active
    • MLS #: 202014534
    0
    Beds
    6
    Baths
    2
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Jc, Heights
    Area:
    Jc, Heights
    Property Description
    Incredible opportunity to own an 8 unit building located in the heart of Jersey City Heights. This building has plans in place to completely restore it to its full potential. Tons of upside as a long-term investment. 1074-1080 Summit Avenue has 2 fully gutted retail spaces and 6 residential apartments. The two commercial spaces feature lofted ceilings and easily rentable and both desirable sizes for the neighborhood. One apartment is vacant and is gutted with plans for a new remodel. Five apartments are below-market rentals with long-term upside for increases. There is a parking lot with four tandem spots allowing up to eight car parking. The building is located close to many major commuting routes and an up-and-coming shopping/dining area. Great for both an owner/user or as an investment opportunity.
    Exterior Features

    Covered Parking No Lot Size 32X100 Number Parking Spaces 4 Tandem Stories 3

    Interior Features

    One Bedrooms 2 Two Bedrooms 2

    Property Features

    Approximate Building Age 75+ Commercial Type Investment Elevators No Fuel Gas Internet Yes Lead Paint Form Yes Mixed Use Yes Studios 2

    Listing provided courtesy of Keller Williams City Life Realty:201-659-8600.


    © 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 eXp Realty. 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 eXp Realty 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: 2020-08-04T00:25:41.587.
     
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    eXp Realty
    28 Valley Rd Suite 1
    Montclair NJ, 07042