481 AVENUE C Bayonne NJ 07002 | Keller Williams Realty

  • 481 AVENUE C 

  • Bayonne, NJ 07002
  • 0 bed | 0 fullbath | 0 sqft | Commercial
  • $1,200,000

  • Est. Monthly Payment: $1,232,123/mo calculator
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Christopher Piechocki

real estate salesperson

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Description

INVESTOR ALERT!!! Excellent rare Investment opportunity... 12 well maintained Studio Apartments with all separate electric heat, cooking gas and electric. All apartments decontrolled except one unit. Owner holds current Green card from State of NJ. Many units updated & common areas very clean and well maintained. Great area close to Lightrail, Bus to NYC, Route 440 & Shopping. All offers in form of offer to purchase with proof of funds or pre qual letter and signed lead paint disclosure. All tenants on Month to Month Leases. Current rents; Unit 1A $650, Unit 1B $450 RC, Unit 1C $650, Unit 1D $650, Unit 2A $660, Unit2B $650, Unit 2C $700, Unit 2D $700, Unit 3A $700, Unit 3B $650, Unit 3C $700, Unit 3D $700. Total Current Expenses $35,996. Expenses for 2019; Taxes $22,413, Water/Sewer $4,296, Common electric for halls and hot water for units $3,282, Insurance $6,032. LOTS OF UPSIDE, POTENTIAL rent for each unit is aprrox $1,050. Total Potential Annual Income $151,200. Don't miss out...Join the renaissance and INVEST IN BOOMING BAYONNE! The City of Bayonne will be undergoing a tax reevaluation in 2019.

Interior Features

  • Bedrooms: 0
  • Full Baths: 0
  • SQFT: 0

Exterior Features

  • Lot Size: 0.0
  • Stories: 4

Utilities

Community Details

Additional Information

  • County: Hudson
  • Property Type: Commercial
  • Annual Taxes: 22413

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