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Posted: Monday, June 19, 2017 11:35 AM

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Two Family in Bayonne built in 1976 with 33' frontage.
Needs a little TLC but great buy and hold or flip potential.
3 blocks from 22nd St Light Rail Station for easy commute to NYC, Jersey City or Hoboken.

Cash buyer only. Sold as-is. Contract by assignment.

Clean Title and Environmental.
Scope of Work:
- Renovate kitchens and bathrooms
- Install hardwood or laminate flooring
- Convert half bath to full bath
- Minor exterior fixes

Ground Floor - 2-Car Garage, Family Room and Laundry room
2nd Floor - 3 bed 1.5 bath
3rd Floor - 3 bed 1.5 bath

Acquisition: $375K
Rehab: $40K
Tax lien: $8K
Closing Costs: $5K

Rent Roll: $4400/month

All in: $428K
Market Value: $530K

I look forward to hearing from you!

• Location: Bayonne NJ, North Jersey

• Post ID: 38108863 newjersey
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