327 Danforth Avenue provides qualified investors with the rare opportunity to acquire a turnkey multifamily investment with stable existing income and growth potential in the thriving Jersey City rental market. Comprising five units across 3,008 square feet, the property is fully occupied and offers bonus units and storage for added income. The striking three-story property enjoys direct frontage to the Danforth Avenue corridor, with more than 8,200 daily vehicles passing by its well-maintained masonry exterior each day. The unit mix includes 2 two-bedroom apartments and 3 one-bedroom apartments, with onsite parking for three vehicles. 327 Danforth Avenue’s fantastic location, just one block from JFB Boulevard in the Greenville neighborhood of Jersey City, positions the investment property within a high demand residential hub. More than 662,000 people live within five miles of the property and more than 75% of residents currently rent their homes. This ensures a stable pipeline of future renters and dependable rent growth, with household-segment spending surpassing $1.3 billion during 2024.