Investor · Brooklyn, NY · Member since 2015 · 14 posts · 0 votes
2 Family building in West Side Jersey City area
2 family with Finished Basement was previously rented Gross Income $39,600, Taxes $6733 Total Expenses $15,381, NOI $24,219 Cash return 14.29% (After Mortgage) Cap Rate 9% - GRM 6.81 Investors dream!
Vacant building
Move in condition Great neighborhood Close to shopping and transit.
Similar properties sold for about $375,000 Price $270,000 Cash