Listed by Matthews
$3,194,000
548 Avenue C
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,700
Units 16
Cap Rate 6.77%
NOI $216,250
Year Built 1920
Buildings 1
Stories 4
16-Unit Bayonne Multifamily Gem | 23% Rental Upside | 6.77% Cap Rate | Fully Free Market & Renovated
Investment highlights
- 16 Units
- 100% Free Market Units
- 23% Upside
- 6.77% Cap Rate
- Renovated Units
- All Separately Metered
- Boilers and hot water heaters replaced 2 years ago
- Tenant pays for cooking gas, heat, hot water & common area electric
- Landlord pays for water/sewer & common area electric
- Prime Location in Bayonne, NJ
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$216,250.00
$18,020.83/mo
Valuation Metrics
0
DSCR
6.77%
Cap Rate
6.77%
ROI
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