13 W 17th St
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13 W 17th St
6 Unit Block of Flats £1,106,070 (£184,345/Unit) 5.41% Net Initial Yield Bayonne, NJ 07002
Executive Summary
Asking Price: $1,380,000 | CALL/TEXT: 201-681-7776 FOR MORE INFO
Great Investment Opportunity. Well maintained 6-Family Property in highly sought after Bayonne NJ!
Building has undergone over $85K in repairs and upgrades in recent years.
3 stories, 6 spacious residential units - (5) 2BR, 1BA and (1) 1BR, 1BA | Washer/dryer on premises | Shared Yard | Potential gross income of $117K | Operating expenses of $42K |
Conveniently located in quiet neighborhood within a few blocks walk to light rail, shopping areas, restaurants and entertainment.
Great Investment Opportunity. Well maintained 6-Family Property in highly sought after Bayonne NJ!
Building has undergone over $85K in repairs and upgrades in recent years.
3 stories, 6 spacious residential units - (5) 2BR, 1BA and (1) 1BR, 1BA | Washer/dryer on premises | Shared Yard | Potential gross income of $117K | Operating expenses of $42K |
Conveniently located in quiet neighborhood within a few blocks walk to light rail, shopping areas, restaurants and entertainment.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£93,246
|
£32.15
|
| Other Income |
£481
|
£0.17
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£93,727
|
£32.32
|
| Taxes |
£16,032
|
£5.53
|
| Operating Expenses |
£17,838
|
£6.15
|
| Total Expenses |
£33,871
|
£11.68
|
| Net Operating Income |
£59,856
|
£20.64
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £93,246 |
| Annual Per SF | £32.15 |
| Other Income | |
|---|---|
| Annual | £481 |
| Annual Per SF | £0.17 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £93,727 |
| Annual Per SF | £32.32 |
| Taxes | |
|---|---|
| Annual | £16,032 |
| Annual Per SF | £5.53 |
| Operating Expenses | |
|---|---|
| Annual | £17,838 |
| Annual Per SF | £6.15 |
| Total Expenses | |
|---|---|
| Annual | £33,871 |
| Annual Per SF | £11.68 |
| Net Operating Income | |
|---|---|
| Annual | £59,856 |
| Annual Per SF | £20.64 |
Property Facts
| Price | £1,106,070 | Apartment Style | Low Rise |
| Price Per Unit | £184,345 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Net Initial Yield | 5.41% | Building Size | 2,900 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1920/2020 |
| Price | £1,106,070 |
| Price Per Unit | £184,345 |
| Sale Type | Investment |
| Net Initial Yield | 5.41% |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,900 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built/Renovated | 1920/2020 |
Unit Amenities
- Tub/Shower
- Yard
- Vinyl Flooring
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 1+1 | 1 | - | - |
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Walk Score ®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 01-00239-0000-00009 | Total Assessment | £573,393 |
| Land Assessment | £200,375 | Annual Taxes | £16,032 (£5.53/sf) |
| Improvements Assessment | £373,018 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
01-00239-0000-00009
Land Assessment
£200,375
Improvements Assessment
£373,018
Total Assessment
£573,393
Annual Taxes
£16,032 (£5.53/sf)
Tax Year
2024
zoning
| Zoning Code | R-2 |
| R-2 |
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13 W 17th St
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