Investment - Bayonne, NJ
Potential 8% Cap! Solid 6 family investment in Bayonne. Low overhead, tenants pay separate utilities. 6 hot water heaters, 7 gas meters (1 for the house), 7 electric meters (1 for the house), 200 Amp service coming in. Green card was issued August 2016. Units feature hardwood floors and high ceilings (underneath the carpet and vinyl are hardwood floors). Roof and skylight are approximately 10 years old, back vinyl siding is newer. 5- 2BR apartments and 1- Junior 1BR apartment. After some cosmetic renovations, potential gross income of $87,000/year. Building will be delivered vacant. Property is located about a 10-15 minute walk from the 22nd Street Light Rail station and bus service into NYC and Journal Square are right at the curb!
Would you like more information regarding this property?
Please call (201) 659-8600.
Data Provided by:
Hudson County Multiple Listing Service