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$ 879,000
Est. payment | /mo
$ 879,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250013044
Annual Tax Amount $16,669
Tax Year 2024
Property Sub-Type 4 Family
Property Description
****PLEASE Submit all offers by Friday 7/4****Excellent Investment Property!!! With a potential market rent exceeding $8,000 per month, this exceptional 4-family property at 79 West 18th Street, Bayonne, NJ, features two separate buildings on one lot, each with two units, presenting a prime opportunity for investors, live-in owners, or homeowners seeking extra units. The front building houses two spacious 3-bedroom units, both occupied by reliable, long-term tenants who pay rent on time and maintain the property well, while the rear building offers a 2-bedroom unit on the 1st floor and a 3-bedroom unit on the 2nd, both vacant, newly painted, and ready to command market rents. Located on a residential block near transit and amenities, with off-street parking and strong rental demand, this property benefits from no rent control for 4-family buildings in Bayonne and separate electrical and gas meters for each unit, which helps minimize owner expenses. This turnkey property offers flexibility, allowing you to live on-site or rent it for additional income, making it an ideal choice for those seeking strong cash flow in a desirable location. Contact us to schedule a viewing and explore this exceptional investment opportunity!
Location
State NJ
County Hudson
Area Bayonne
Rooms
Basement Unfinished
Interior
Heating A/C Window, Baseboard, Electric, Gas, Hot Water
Cooling A/C Window, Baseboard, Electric, Gas, Hot Water
Exterior
Exterior Feature Aluminum/Vinyl, Block, Brick
Parking Features Other-See Remarks
Listed by WEICHERT REALTORS
28 Valley Road Suite 1, Montclair, Jersey, 07042, United States