The buyer will pay a 3% commission for this deal.
We are excited to present an exceptional investment opportunity in the heart of Bayonne, New Jersey. This mixed-use property offers a strong potential for cash flow and value appreciation, featuring four residential two-bedroom units and one commercial unit.
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Property Details:
– Residential Units: 4 x Two-Bedroom Apartments
– Current Rent: $875/month per unit (unleased)
– Market Rent: $1,900/month per unit
– Heating: Electric heat with separate units for each apartment
– Total Current Rental Income: $3,500/month
– Commercial Unit: 1 x Commercial Space
– Current Rent: $1,700/month
– Market Rent: $3,500/month
– Heating: Gas with separate heat and hot water
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Total Current Monthly Income: $5,200
Potential Market Monthly Income: $11,100
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