665 Summit Ave, Jersey City, NJ 07306

Commuters, Investors, potential owner occupants, this may be for you. It is a unique 4 family . Main structure has 3 units: 1studio and two -2 bedroom apartments while one has 2 baths making it a true master bedroom. Spacious liv/dining areas, plenty of closets, new flooring & freshly painted throughout. One apartment virtually staged to demonstrate spaciousness of the apartment/building. The pending variance unit is a spacious studio apt.w/ kitchen, bath & living/bedroom area. Each unit has its own private entrance 4 short blocks to Journal Square Path. 1st floor unit & studio of The studio is vacant & easy to show. There are virtual tours of each unit for viewing so we can be covid compliant and respectful of tenants. There is a rented 1 bedroom detached cottage w/full unfinished basement for add'l storage.A new water heater for cottage was installed 10/25/19.It rents for $1350 & tenants pay their own utilities. While 2nd floor 2 bedroom 1 bath apartment is rented for $1650 plus tenants pay utilities. This unit has an updated bath with new tile floor, new vanity, new toilet. The spacious 1 floor apartment that has2 full baths with a master suite gets $1.750 a month. Total income of the 3 rentals is $4.750 making this a solid investment opportunity. Once certificateof occupancy is issued the studio can be rented which only enhances this investment. E-z to maintain property w. garden patch in enclosed yard. New gas boiler was installed. Gas heat in cottage, and 2 units in house. The studio has new electric heatApplied for permits for new electric service. Recently approved as a 4 family by the Board of adjustments will have final C of O for 4 family. House being sold "as-is"; licensed contractors, electricians and plumbers were used in obtaining permits from the city.