47 WASHBURN ST

VERY RARE OPPORTUNITY to own 1 of the best buildings, in eastern Journal Square district Jersey City. Located on the border of Journal Square & Downtown JC, this 6-unit building is just a 10 minute walk from the Journal Sq. PATH train or 18 minutes to Grove St PATH train & restaurants. This is a TRUE TURN-KEY investment, with a strong & steady positive income, at a 5.91% CAP return. VERY EASY to self manage, with all tenants responsible to take out their own garbage. All units and common area access on electronic keypad locks. Brand new water main pipe connection to street just replaced in 2021, and roof fully resurfaced & refinished in 2020.