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Key Details
Sold Price $749,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202018303
Sold Date 10/16/20
Bedrooms 11
Full Baths 5
HOA Fees $5/mo
Annual Tax Amount $16,293
Tax Year 2020
Lot Dimensions 25 x 102.67
Property Sub-Type 4 Family
Property Description
Wonderful opportunity to own this solid income producing 4 family plus bonus unit, highlighting separated-new utilities, month to month tenancies, and yielding a predictable and generous 8.2% cap rate with monthly gross rents coming in at $6900. Ideal location to everything important, just minutes from parks, shops, restaurants, houses of worship, NYC transportation, Light Rail, Bayonne Bridge, and Route 440. Having below market rents in place, creates fantastic upside for a promising return on investment. Call your bank, book your showing, then we'll see you at the closing table.
Location
State NJ
County Hudson
Area Bayonne
Rooms
Basement Walk-Out
Interior
Heating A/C Window, Gas
Cooling A/C Window, Gas
Exterior
Exterior Feature Brick, Shingle
Parking Features Other-See Remarks
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Bought with REAL BROKER LLC
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Nest Scout Group By Real
Agent | License ID: 1643363 & 1754769
Agent License ID: 1643363 & 1754769