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187 Beacon Ave 6 Unit Apartment Building $1,250,000 ($208,333/Unit) 6% Cap Rate Jersey City, NJ 07306
Investment Highlights
- Turnkey investment with all unit currently leased
- Low maintenance structure ideal for both new and seasoned investors
- Strong rental history with consistent income
- Located in a high-growth Jersey City neighborhood with continued appreciation potential
Executive Summary
Introducing a fully occupied 6-unit apartment building in the heart of Jersey City Heights. Perfect for any investor seeking strong, stable cash flow with minimal turnover. This well-maintained property features six income producing residential units, all secured with active leases, providing immediate and reliable returns from day one.
Generating an estimated annual revenue of approximately $90,000, this asset delivers a solid 6% cap rate, making it a rare find in today’s competitive market. Tenants enjoy proximity to major transportation, parks, schools, shopping and restaurants, ensuring ongoing demand and long-term occupancy.
Additional highlights include:
- Turnkey investment with all unit currently leased
- Strong rental history with consistent income
- Low maintenance structure ideal for both new and seasoned investors
- Located in a high-growth Jersey City neighborhood with continued appreciation potential
Whether you’re expanding your portfolio or seeking a dependable income producing property, this 6-unit building offers the perfect combination of location, stability and long-term upside. Don’t miss your change to secure a prime multifamily asset in one of the New Jersey’s most sought-after markets
Generating an estimated annual revenue of approximately $90,000, this asset delivers a solid 6% cap rate, making it a rare find in today’s competitive market. Tenants enjoy proximity to major transportation, parks, schools, shopping and restaurants, ensuring ongoing demand and long-term occupancy.
Additional highlights include:
- Turnkey investment with all unit currently leased
- Strong rental history with consistent income
- Low maintenance structure ideal for both new and seasoned investors
- Located in a high-growth Jersey City neighborhood with continued appreciation potential
Whether you’re expanding your portfolio or seeking a dependable income producing property, this 6-unit building offers the perfect combination of location, stability and long-term upside. Don’t miss your change to secure a prime multifamily asset in one of the New Jersey’s most sought-after markets
Property Facts
| Price | $1,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $208,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 6% | Building Size | 3,024 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1895 |
| Property Subtype | Apartment | ||
| Zoning | R-2 - Residential | ||
| Price | $1,250,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,024 SF |
| No. Stories | 3 |
| Year Built | 1895 |
| Zoning | R-2 - Residential |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (81)
Property Taxes
| Parcel Number | 06-05603-0000-00002 | Improvements Assessment | $431,400 |
| Land Assessment | $270,000 | Total Assessment | $701,400 |
Property Taxes
Parcel Number
06-05603-0000-00002
Land Assessment
$270,000
Improvements Assessment
$431,400
Total Assessment
$701,400
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H PROPERTY BROKERS
187 Beacon Ave
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