**Income-Producing Multi-Family Opportunity with Development Potential** Located on bustling Summit Avenue, this versatile property offers an incredible investment opportunity. Currently configured as an income-producing multi-family with split utilities, the property features bounce units ideal for owner-occupants or the potential to tear down and develop into condos. **Prime Location** Situated near transportation hubs, restaurants, parks, and all the amenities Summit Avenue has to offer, this property is in the heart of the action. **Parking and Garage** The property boasts ample parking with 5 spots in the front and a convenient 2-car detached garage in the back, providing added convenience and value. **Under Market Rent** Currently collecting under market rent, there is potential to increase income immediately. **Development Potential** With its flexible layout and development-friendly location, this property presents a rare chance to capitalize on the booming real estate market in the area.
Features
12 bedrooms
6 bathrooms
directions_car3 carspaces
directions_car3 garage spaces
cottageDuplex
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Local market activity for 12 bedroom duplexes in Jersey City
Sold
For Sale
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