397 Baldwin Ave Jersey City, NJ 07306

This exceptional investment opportunity presents a five-unit apartment building located at 397 Baldwin Ave, Jersey City, NJ 07306. The property, identified by APN 0906_6807_13, is a three-story, Class C building constructed in 1900. The building comprises a diverse mix of units, including one three-bedroom unit, one two-bedroom unit, two one-bedroom units, and one studio apartment. Each unit features a living room, bathroom, and kitchen. Priced at $1,788,888 ($357,777.60 per unit), this property offers significant potential for value appreciation. Its convenient location, just minutes from the Journal Square PATH Station, provides easy access to New York City, enhancing its appeal to tenants. The property's current condition presents an opportunity for renovation and improvement, allowing for increased rental income. Alternatively, the building could be converted into condominiums for resale. This is an ideal investment for those seeking a multifamily property in a desirable Jersey City location with potential for substantial returns. The property is privately owned.