172 Beacon Ave, Jc, Heights, NJ 07306

Property Description

Turnkey 3-family investment opportunity in Jersey City! Recently renovated and requiring no immediate improvements, 172 Beacon Ave offers three spacious 3-bedroom, 2-bath residences, providing a highly desirable 9-bedroom / 6-bath unit mix. The property currently generates approximately $102,000 in annual gross rental income, with additional upside as leases roll over and rents are brought closer to market levels. Situated on an exceptional 25 x 165 lot, significantly deeper than the typical Jersey City parcel, the property also offers substantial long-term value and potential expansion possibilities, subject to zoning and municipal approvals. A rare opportunity to acquire a renovated, income-producing multifamily asset with strong existing cash flow, rental upside, and an oversized lot.