View photo
House
·
for sale
USD 1,375,000
349 Avenue E
Port Johnson
· 6 Bedrooms · 6 Baths · House
Port Johnson · 6 Bedrooms · 6 Baths · House
This well-maintained 6-family property in Bayonne presents an excellent investment opportunity with strong income and future upside. The building consists of six spacious 1-bedroom units, all kept in very clean condition, making it a truly hassle-free asset for both seasoned and first-time investors. Major upgrades have already been completed, including a newer roof, updated plumbing and electrical systems, and a high-efficiency boilerâminimizing maintenance concerns and maximizing operational ease. This turnkey property offers stable performance with a current net operating income of $99,825. Conveniently located just a 10-minute walk from the 34th Street Light Rail Station, tenants enjoy easy access to transportation, adding to the propertyâs desirability and long-term rental appeal. With solid returns, low upkeep, and room for future growth, this is a rare opportunity to own a care free, income-producing building in a strong and accessible location
This well-maintained 6-family property in Bayonne presents an excellent investment opportunity with strong income and future upside. The building consists of six spacious 1-bedroom units, all kept in very clean condition, making it a truly hassle-free asset for both seasoned and first-time investors. Major upgrades have already been completed, including a newer roof, updated plumbing and electrical systems, and a high-efficiency boilerâminimizing maintenance concerns and maximizing operational ease. This turnkey property offers stable performance with a current net operating income of $99,825. Conveniently located just a 10-minute walk from the 34th Street Light Rail Station, tenants enjoy easy access to transportation, adding to the propertyâs desirability and long-term rental appeal. With solid returns, low upkeep, and room for future growth, this is a rare opportunity to own a care free, income-producing building in a strong and accessible location
USD 1,375,000