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Listed by Alexander Fayn Prominent Properties Sotheby's International Realty-Alpine
$ 2,599,000
Est. payment | /mo
$ 2,599,000
Est. payment | /mo
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25019830
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Introducing 770 Westside Avenue, a highly desirable mixed-use commercial building located in the heart of vibrant and fast-growing Jersey City. This well-maintained income-producing property features 8 residential units and 2 fully leased commercial spaces, including a popular hair salon and a long-established, stable pharmacy. Offering an impressive 7% cap rate, this turnkey asset presents a solid opportunity for investors seeking reliable cash flow and long-term value. The property benefits from high foot traffic, excellent visibility, and proximity to public transportation, major highways, schools, and retail amenities. With strong rental income from both residential and commercial tenants, 770 Westside Avenue is the perfect addition to any real estate investment portfolio.
Location
State NJ
County Hudson
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Thomas Mikalouskas
REALTOR® | Lic# 0235388