80 Paterson St Jersey City, NJ 07307

Exceptional investment opportunity: a six-unit apartment building located at 80 Paterson Street, Jersey City, NJ 07307, in the desirable Heights neighborhood. This multifamily property is offered at an asking price of $1,500,000, representing a compelling price per unit of $250,000. The building boasts a strong 6% capitalization rate, indicating significant potential for return on investment. Currently, the property features below-market rents, presenting a clear opportunity for increased profitability through rental adjustments. The property's prime location within the Heights offers convenient access to local amenities and transportation. This is an ideal acquisition for investors seeking a stable, high-yield property with substantial upside potential in a thriving Jersey City neighborhood. The property consists of six individual apartment units. Further details are available upon request.