2767 John F Kennedy BlvdJersey City, NJ 07306

This exceptional Jersey City investment opportunity presents a two-story commercial building with a third-floor apartment, situated at 2767 John F Kennedy Boulevard, 07306. The property, totaling 0.057 acres, is zoned for commercial use and currently operates as a licensed rooming house. The building features two offices on the first floor, generating a portion of the current income stream. The second floor comprises five furnished rooms, two of which share a common area, contributing to the substantial monthly rental income. A one-bedroom apartment occupies the entire third floor. All current rental units are month-to-month, offering immediate flexibility for the new owner. The property boasts a current monthly rental income of $4,080 (excluding one office), presenting a strong potential for increased revenue through lease agreements and market-rate adjustments. Conveniently located with easy access to the PATH train and local bus routes, this property offers exceptional accessibility and high tenant demand. The building's current configuration, combined with its prime location and existing income stream, makes it an attractive investment opportunity in the thriving Jersey City market. The asking price is $1,200,000. The property has no existing leases. This is a licensed rooming house in New Jersey.