26
See all 26 photos
Listed by Jorge Velasquez RE/MAX Professionals 1
$950,000
Est. payment /mo
5 Beds
5 Baths
New
41 Arlington AVE Jersey City, NJ 07305
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26012793
Style 2 Family
Bedrooms 5
Full Baths 4
Half Baths 1
Property Sub-Type 2 Family
Property Description
Investors and owner-occupants take note a turnkey 2-family with a built-in value-add opportunity in Jersey City.41 Arlington Avenue is a legal 2-family home on an R-1 zoned lot in Jersey City. Two income-producing units in place from day one and the opportunity doesn't stop there. Under Jersey City's current zoning, an Accessory Dwelling Unit (ADU) is permitted in a detached accessory structure in addition to the units in the principal building. The existing garage on this property is a prime candidate for conversion into a fully legal third unit no variance required, no board approval needed. Three doors on one lot. Legal 2-family R-1 zoning 1,734 sq ft lot ADU permitted in detached accessory structure garage conversion opportunity 3rd income-producing unit without a variance No off-street parking required Immediate cash flow with upside built in Buy it as a 2-family. Build the ADU. Own 3 income streams. DISCLAIMER - PROSPECTIVE BUYERS PLEASE DO YOUR OWN DUE DILIGENCE.
Location
State NJ
County Hudson
Interior
Laundry See Remarks
Exterior
Garage Spaces 1.0
GET MORE INFORMATION