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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Two Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $280
Municipality Bayonne (BAO)
MLS Listing ID 22422125
Sold Date 12/12/24
Bedrooms 5
Full Baths 3
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1920
Annual Tax Amount $9,482
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 25 x 100
Property Description
Fair market value rent makes this home a 9% cap rate. This well-maintained multi-family property is an excellent opportunity for investors. The property comprises 2 units, collectively offering a total offer bedrooms and three full baths. Unit 1 and Unit 2 each feature 2 bedrooms and 1 full bath, providing ample living space and comfort, complemented by additional storage, making it ideal for a smaller household or individual occupant. The property also includes a finished basement, adding valuable space for recreation, storage, or potential additional living quarters. The entire lot is fenced, ensuring privacy and security for all residents. On-street parking is readily available, adding to the convenience for both residents and guests. This versatile and well-kept property is sure to meet a variety of housing needs.
Location
State NJ
County Hudson
Area None
Direction From East Centre St to Ave E.
Rooms
Basement Finished
Interior
Heating Baseboard
Cooling Other
Flooring Wood, See Remarks, Ceramic Tile
Exterior
Parking Features On Street
Roof Type Shingle
Garage No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 01-00403-0000-00010
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Bought with NON MEMBER
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Deb Hagemeister
Broker Associate | License ID: 9133524
Broker Associate License ID: 9133524