Jersey City, NJ 07302 250 Grove St # 1-4

BEAUTIFUL BRICK BROWNSTONE 4 FAMILY in PEDESTRIAN PARADISE in the heart of Downtown Jersey City! Built in 1872, this timeless treasure has the State’s Certificate of Inspection (Green card) issued on 10/21/2024. This classic pre-war red brick building has been very well maintained also within each unit, which has plenty of sunlight, and also the convenience of their own in-suite washer & dryer. Most recent updates include new gutters, repainted cornice & stairs, and also single wiring all the smoke/carbon monoxide detectors throughout the building. NOI is over $90K, and has good potential to yield a higher return. FIRST FLOOR IS VACANT. It is a 2 bed & 1.5 bathrooms. It is the LARGEST UNIT at 758.66 sqft with a bright and private yard. Unit #2 & #3 also have their own outdoor private space to enjoy a meal and bask under the sun. The Grove Street Path Train Station is only 0.3mi away! Attached shows rent roll & floor plan. Meters are all separate, with one shared water heater for the building. As you open the front door, the tree-lined street is lined up with marvelous restaurants with outdoor dining adorned with strings of warm lights. Van Vorst Park is 0.2mi away. Please verify taxes independently with assessor's office. Showing of property must be upon proof of funds or updated pre-approval letter from lender. Please provide least 24H advance notice.