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37 Harmon St 4 Unit Apartment Building $1,674,240 CAD ($418,560 CAD/Unit) 7.40% Cap Rate Jersey City, NJ 07304

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EXECUTIVE SUMMARY

Capture this amazing opportunity to own a 4 family income producing investment property in the desirable Bergen-Lafayette neighborhood of Jersey City, NJ. Be the owner occupant and collect $6900 in consistent rents while living in the 4th floor unit that by the way has a private roof top deck with unobstructed NYC city views. Or be the ultimate investor and rent out all 4 units and grab $9200 in monthly rents. Newly constructed approximately 9 years ago, this Beautiful 4-story brick building is located in Jersey City's most desirable neighborhood, just minutes from the Light rail, downtown Jersey City, parks, and so much more! Separately metered utilities for heat, gas, and electric require minimal owner responsibility. All four units feature 2 bedrooms with an open floor plan, 1 full bath, living/dining room, kitchen, laundry room, central air, tankless hot water heater, stainless steel appliances, and hardwood oak floors throughout. While the 1st floor unit boasts a private yard, the upper floor units include expansive 8 x 12 backyard decks. Not only does rare opportunity have a current DCA card, it's available for purchase now. Book your viewing today.

PROPERTY FACTS

Price $1,674,240 CAD
Price Per Unit $418,560 CAD
Sale Type Investment
Cap Rate 7.40%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.04 AC
Building Size 3,579 SF
Average Occupancy 100%
No. Stories 4
Year Built/Renovated 1895/2016

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Washer/Dryer
  • Heating
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Deck

SITE AMENITIES

  • 24 Hour Access
  • Bicycle Storage

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 - 876
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32936142

  • Date on Market: 2024-08-23

  • Last Updated:

  • Address: 37 Harmon St, Jersey City, NJ 07304

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