383 Avenue C, Bayonne City, NJ 07002

$1,500,000

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Property Description

This 5 Residential Units + ground floor store front solid brick mixed-use property nestled in a neighbourhood that's actively growing and evolving, offering a strong and diversified income stream. The residential layout includes two 3-bedroom apartments and three 2-bedroom apartments, ideal for attracting long-term tenants, while the retail space adds consistent commercial income. The building is equipped with a new silver-coated flat roof, wood and vinyl tile flooring, a full basement, and a private backyard, enhancing both durability and tenant appeal. With 7 separate electrical meters, 6 gas meters, individual gas water heaters, and gas heating units, the property is efficiently configured for simplified utility management and reduced operating costs. Additional feature such as a fire escape contribute to safety ,making this a well-positioned, low-maintenance investment with strong in-place cash flow and long-term upside.

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Listing Courtesy Of KELLER WILLIAMS REAL ESTATE, Contact: 610-867-8888