100 Lincoln Street
Jersey City, NJ 07307
12 beds | 9 baths | 0.06 acres | #22501788
Description
!! 6.09% CAP Rate !! Confirmation that exceptional opportunities still exist - an oversized six family property with untold future development potential in one of the New York metro's fastest growing areas, Jersey City Heights. Currently generating $16,175 per month - 6.09% CAP Rate - 100 Lincoln Street is a fully detached three-story building on a 25'x111' AV. lot with a full basement that was gut renovated in 2021. It is comprised of six thoroughly modern two bedroom, one-and-a-half bathroom residences with central air conditioning and heating, and full-size in-residence washer/dryers that were originally conceived of and built as condominiums. Each fully occupied unit offers residents a private storage area in the basement as well as access to the 945 SF rear garden.
Property Details
- BasementFinished, Walk-Out Access, Full, Tenant Storage
- Cooling FeaturesCentral Air, 3+ Zoned AC
- Exterior FeaturesRecreation Area
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- ZoningMulti-Family
- Lot DescriptionFenced Area
- Property SubtypeSix Family
- MLS #22501788
- MLS #22501788
- Cost2345000
- Utility SourcePublic
- CountyHudson
- Acres0.06
- Year Built1900
- RoofFlat
- Bedrooms12
- Cooling1
- Bathrooms9
- Full Baths6
- Half Baths6
Location
Legal
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Last Updated: . Source: MONMOUTH
Listing Courtesy
Listing Agent: Charles Rubenstein (#54246)
Listing Office: Compass New Jersey , LLC (#4177)

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