$799,000

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Bayonne, NJ, United States 07002

Excellent four-unit three residential, one commercial unit property with strong visibility, strong cash flow, and long-term growth potential ??this is a must-see for serious investors. 527-531 Kennedy Blvd presents a rare opportunity to acquire a fully renovated, income-generating, mixed-use asset in one of Bayonne ??s most dynamic and high-traffic areas of Kennedy Blvd. It features three residential units, a commercial storefront, northern corner-like sun exposure, and a projected 7.9% cap rate. Separate utilities on the second-floor units, a full walk-out basement for easy access from Kennedy Blvd, steel sidewalk foldable plates, and a private yard. It ??s a low-maintenance investment ideally poised in Bayonne's rapidly appreciating urban city, mixed-use market.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Multi-Family
  • Home size: 0 ft2 / 0 m2
  • MLS: 250007221
  • Status: Active

Property brokered by

WEICHERT, REALTORS®

(800) 824-2408

Get more listing details on brokerage site

Presented by Jeffrey Lee

  • (201) 339-8282 (Office Phone)

Contact Jeffrey Lee

Contact Agent

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