Properties like this in Journal Square don't show up that often. 22A Skillman Avenue, a multifamily Property on a beautiful tree-lined, wide and quiet street, steps from JSQ path, shopping and dining. Wait until the luxury tower comes next door, and these properties will sky-rocket in price. This 5 bedroom 3.5 bathroom multifamily property with a finished basement, tons of rental parking available in the massive parking lot next door, a nice size yard. Unit 1 is owner occupied, Unit 2 just became vacant. Property can generate pro-forma rents of $5,000 or live in one unit and Airbnb the other unit for higher rents via short-term rentals. We sold assemblage of 5 lots next door at 1.24M per lot for a total assemblage price of 6.2M. So Grab it while you can!
Listing courtesy of MODERN SPACES NJ LLC.
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