275 Claremont Ave

Description

Better Than New Two-Family Home in Jersey City! Fully gutted, renovated and truly turnkey, featuring 3,053 sqft of available living space, new roof, new plumbing, new electrical, and two separate new HVAC systems. This property has the is expected to get you a Cap rate of around 7.1% at a conservative market rents of $2,750 per unit this is an awesome return consiferinf that the property is ready to cash flow and repairs should not be needed for years to come. Both units offer modern kitchens with quartz countertops and islands, brand new baths, high ceilings, central AC, and in-unit washer/dryer. Ready to be rented and generate steady cash flow and low maintenance. Unit 1 is a spacious with three bedrooms on the main level, 2 full baths, stunning kitchen. plus a partial finished lower level with full bathroom and potential additional living space, media room, and extra bedrooms, if finished. This unit also has direct access to the backyard. Unit 2 spans the entire second floor and features a large living room, 3 bedrooms, and two fully renovated bathrooms and a beautiful kitchen with a large island to enjoy breakfast in plus luxury finishes like built in cook top and more.Ideal for owner-occupants or investors. Convenient Jersey City location close to highways, Light Rail, shopping, and dining. Schedule your showing before it's gone! the cap rate is an estimate based on market rent. Please do your own due diligence.