32 Claremont Ave, Jersey City, NJ 07305

Remarks

Welcome to 32 Claremont Ave, a meticulously restored Victorian gem that presents a lucrative opportunity for both savvy investors and discerning primary buyers looking to enjoy the benefits of passive income. This exquisite 3-family residence stands proudly on an above-standard lot, measuring an impressive 36x100 feet. Boasting a generous 4, 660 square feet of interior space, this spacious home is a solid income-producing property with a compelling CAP rate. The well-designed layout includes three separate units, each with ample living space and thoughtful features to attract tenants. The property's financial appeal is further enhanced by a large basement offering four private storage rooms. Currently, the garage and two additional storage rooms in the basement are already generating income, renting at a rate of $250. The garage also provides extra open storage space. Practicality meets convenience with separate utilities for each unit, ensuring a hassle-free and efficient management structure. Hardwood floors grace all three units, providing a timeless and elegant aesthetic throughout. In-unit washer/dryers add a modern touch of convenience, while the first and third-floor units are equipped with dishwashers for added ease. Step outside and discover a large paved backyard, perfect for outdoor gatherings or a tranquil retreat. A one-car parking garage adds to the convenience of city living, offering a coveted and secure space for your vehicle. This prime location ensures an excellent commuting experience, with proximity to the Liberty State Park light rail, NYC express bus, and the Turnpike. Whether you're an investor seeking a robust income property or a homeowner looking for a residence with added financial benefits, 32 Claremont Ave welcomes you to a unique blend of Victorian charm and modern practicality. Don't miss the chance to make this property your own and enjoy the best of both worlds.