24 East 49th St, Bayonne, NJ 07002

Property Description

4 Family House. Striking, Modern, Completely gut-renovated in 2018. High performer in a great condition that delivers exceptional cash flow and ROI. AAA Tenants. Short 6 minutes walk to the 45th Street Light Rail. Steps to shopping and transportation. Great commute to downtown Jersey City, Exchange Place, Grove Street Path, Newport, Hoboken Path, Journal Square and Manhattan. Coins Laundry and storage cells for every apartment are in the basement. Commercial coins laundry in the basement generates additional ~$150/month The price of the loundry was not increased since 2018. Total Income: ~$95,160; Total Expenses:~$20,772; NOI: ~ $74,338; Exceptional Cap Rate: 7.4% (!). Ap 3 is currently vacant for showings Qualified buyers only.