13 W 17th St
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13 W 17th St
6 Unit Apartment Building $1,983,888 CAD ($330,648 CAD/Unit) 5.41% Cap Rate 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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$167,249
|
$57.67
|
| Other Income |
$863
|
$0.30
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$168,112
|
$57.97
|
| Taxes |
$28,756
|
$9.92
|
| Operating Expenses |
$31,995
|
$11.03
|
| Total Expenses |
$60,752
|
$20.95
|
| Net Operating Income |
$107,360
|
$37.02
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $167,249 |
| Annual Per SF | $57.67 |
| Other Income (CAD) | |
|---|---|
| Annual | $863 |
| Annual Per SF | $0.30 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $168,112 |
| Annual Per SF | $57.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $28,756 |
| Annual Per SF | $9.92 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $31,995 |
| Annual Per SF | $11.03 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $60,752 |
| Annual Per SF | $20.95 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $107,360 |
| Annual Per SF | $37.02 |
Property Facts
| Price | $1,983,888 CAD | Apartment Style | Low Rise |
| Price Per Unit | $330,648 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 5.41% | Building Size | 2,900 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1920/2020 |
| Price | $1,983,888 CAD |
| Price Per Unit | $330,648 CAD |
| Sale Type | Investment |
| Cap Rate | 5.41% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,900 SF |
| Average Occupancy | 100% |
| No. Stories | 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 | $1,027,636 CAD |
| Land Assessment | $359,113 CAD | Annual Taxes | $28,756 CAD ($9.92 CAD/SF) |
| Improvements Assessment | $668,524 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
01-00239-0000-00009
Land Assessment
$359,113 CAD
Improvements Assessment
$668,524 CAD
Total Assessment
$1,027,636 CAD
Annual Taxes
$28,756 CAD ($9.92 CAD/SF)
Tax Year
2024
zoning
| Zoning Code | R-2 |
| R-2 |
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13 W 17th St
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