$2,345,000
For Sale

100 Lincoln Street

Jersey City, NJ 07307
12 beds | 9 baths | 0.06 acres | #22501788
Browse 36 photos
Type:Multi-Family
Structure:5+ Family
Zone:Residential

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

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