1. New Jersey
2. Bayonne City
3. 360 Broadway

360 Broadway, Bayonne City, NJ 07002

• 3 beds |
• 2 baths

Property Description

Welcome to an exceptional investment opportunity in the vibrant and growing community of Bayonne, NJ! This strategically located mixed-use property boasts a consistent gross income of $75,000, making it a lucrative addition to any portfolio. - Commercial Space: A well-established pharmacy occupies the ground level. This prime commercial space offers stability and a reliable tenant, contributing significantly to your cash flow. - Residential Units: The second floor features two charming residential units: - A spacious studio apartment at the front, seeking convenience and comfort. - A cozy 1-bedroom apartment at the back, ideal for those desiring a more intimate living space. Both units are well-maintained and reflect the character of Bayonne living.Endless Potential:? What sets this property apart is its incredible upside potential. Approved plans are in place for the construction of additional units, with the possibility of expanding to a total of 8 units, mirroring the successful development at 354 Broadway. This means you can significantly increase your income and capitalize on the growing demand for housing in this thriving market.Don?t miss out on this rare opportunity to secure a mixed-use property with immediate income and future growth potential. Whether you?re a seasoned investor or looking to take your first step into real estate, this property is positioned to provide both stability and prosperity.

Listing Status:

Active

Listing Office:

NATIONWIDE HOMES REALTY LLC : 203-482-0102

MLS ID:

3979583

Interior

• Basement: Unfinished
• A/C: Window A/C(s)
• Heating: See RemarksGas-Natural

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of NATIONWIDE HOMES REALTY LLC