Sometimes, you buy an investment, and you have to hold on for dear life until you see green. But at 250 Grove Street, you’ll see $9,000 in monthly rental income right away because this four-family home is fully occupied — something that’s easy to understand when you consider its perfect location.
Just three blocks separate this Van Vorst Park brownstone from the Grove Street PATH station; two Light Rail stations are also nearby. Residents can access life’s little necessities at a nearby Duane Reade, while growling stomachs are well attended to at Taqueria, Razza, and Liberty Prime Steakhouse.
The building’s four unique units include a pair of two-bedroom, one-bath residences and two homes laid out with one bedroom and a separate home office. The ground floor has access to a roomy backyard, while exposed brick, hardwood floors, and stainless steel appliances adorn the individual units. All of them enjoy plentiful sunlight and a space-saving in-unit washer and dryer.
250 Grove Street lists for $2,400,000.
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Listing: 250 Grove Street, Jersey City
Agent/Brokerage: Megha Moza/Pure Properties