1701 KENNEDY BLVD Jc Greenville, NJ 07305

Great opportunity to own a mixed-use investment property with a 5.8% cap rate on high-traffic Kennedy Blvd. on the Greenville/West Bergen border. This 3 unit property has an 800 sq ft well maintained ground floor commercial space with a long time established barbershop tenant with annual increases, and two residential apartments - both 2 bedroom 1 bathroom. The property is on a 26x64 lot in a prime location in Jersey City with multiple developments being built nearby. Excellent income opportunity with potential to increase residential rents if upgraded. Capital improvements include newer roof, fire escape, fire alarm, hot water heater, etc. Bus across the street, near to Danforth St Light Rail. Property being sold as is.