This 5 Residential Units + ground floor store front solid brick mixed-use property nestled in a neighbourhood that's actively growing and evolving, offering a strong and diversified income stream. The residential layout includes two 3-bedroom apartments and three 2-bedroom apartments, ideal for attracting long-term tenants, while the retail space adds consistent commercial income. The building is equipped with a new silver-coated flat roof, wood and vinyl tile flooring, a full basement, and a private backyard, enhancing both durability and tenant appeal. With 7 separate electrical meters, 6 gas meters, individual gas water heaters, and gas heating units, the property is efficiently configured for simplified utility management and reduced operating costs. Additional feature such as a fire escape contribute to safety ,making this a well-positioned, low-maintenance investment with strong in-place cash flow and long-term upside.
383 Avenue C, Bayonne City NJ 07002-5159
Property City
Bayonne City
Property Price
$1,500,000
Year Built
0
Tax Annual Amount
$14816
TaxYear (*text)
2024
Roof (*text)
Flat, See Remarks
Floors No
Tile, Vinyl-Linoleum, Wood
Lot Size Area
0.06
MLS Status
Coming Soon
MLS #
4008238
Yearly Tax Rate
2.796
Year Built (*numeric)
0
Basement
Yes
Roofing (*text)
Flat, See Remarks
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
4+ Units
Lot Size Dimensions
25X100
Data import from
GSMLS