Courtesy of: CHRISTOPHER STEAD, RE/MAX PROFESSIONALS I, jvelasquezreo@verizon.net
Courtesy of: CHRISTOPHER STEAD, RE/MAX PROFESSIONALS I, jvelasquezreo@verizon.net
$950,000
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5 bed
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5.00 Bath (4 Full , 1 Half)
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Other
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$950,000
41 Arlington Ave. Investors and owner-occupants take note a turnkey 2-family with a built-in value-add opportunity in Jersey City.41 Arlington Avenue is a legal 2-family home on an R-1 zoned lot in Jersey City. Two income-producing units in place from day one and the opportunity doesn't stop there.Under Jersey City's current zoning, an Accessory Dwelling Unit (ADU) is permitted in a detached accessory structure in addition to the units in the principal building. The existing garage on this property is a prime candidate for conversion into a fully legal third unit no variance required, no board approval needed. Three doors on one lot. Legal 2-family R-1 zoning 1, 734 sq ft lot ADU permitted in detached accessory structure garage conversion opportunity 3rd income-producing unit without a variance No off-street parking required Immediate cash flow with upside built inBuy it as a 2-family. Build the ADU. Own 3 income streams. DISCLAIMER - PROSPECTIVE BUYERS PLEASE DO YOUR OWN DUE DILIGENCE.
Courtesy of: CHRISTOPHER STEAD, RE/MAX PROFESSIONALS I, jvelasquezreo@verizon.net
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