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  • $706,000

    124 W 20th St, Bayonne, NJ 07002

    4beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $706,000 Zestimate®
    $--/sqft
    $2,670 Estimated rent

    What's special

    This well-maintained multi-family property offers both immediate rental income and long-term potential for owners and investors alike. With two large apartments, respectful long-term tenants, and a 7kW solar system, this home provides a unique combination of comfort, sustainability, and financial benefits. Two Spacious Apartments: · Apt 1 (First Floor Duplex): This unit offers 2 bedrooms and 1.5 bathrooms across two levels, including a basement with 2 additional rooms, a bathroom, and a shower. · Apt 2 (Upstairs Unit): A 2-bedroom, 1-bathroom apartment with a bright and open layout. Modern kitchen and spacious rooms. Both tenants are long-standing, reliable, and would prefer to remain in the property. However, if the new owner decides to occupy one of the units, the tenants are open to moving upon request. 7kW Solar System: This property comes with a 20-panel, 7kW solar array, offering substantial energy savings. The system produces between 8,500 to 10,000 kWh annually, resulting in estimated savings of $1,360 per year. Over the next 7 years, this could lead to total savings of $9,520 based on current electricity rates in Bayonne. The solar system not only helps lower utility bills but also adds value to the home with sustainable energy production. Outdoor Living Space: Enjoy a private backyard with a working jacuzzi—perfect for relaxation or entertaining. The yard offers additional space for gardening, outdoor seating, and gatherings. Prime Location: Located in the thriving city of Bayonne, this home enjoys a prime location near everything you need: · Public Transportation: The 22nd Street Light Rail Station is just 0.5 mile, providing quick access to Jersey City, Hoboken, and NYC. Convenient bus routes are also nearby. · Schools and Parks: Close to highly rated schools like Henry E. Harris Community School and Bayonne High School. For recreation, enjoy the nearby G. Thomas DiDomenico Park and Dennis P. Collins Park, both offering beautiful green spaces, playgrounds, and waterfront views. · Local Amenities: The home is close to a variety of shopping centers, restaurants, and everyday conveniences. · Major Attractions: Just a short drive from Newark Airport, the American Dream Mall, and MetLife Stadium, making it perfect for those who want quick access to entertainment and travel hubs.

    Zillow last checked: 7 hours ago

    Listing updated: October 04, 2024 at 11:21am

    Source: StreetEasy,MLS#: S1734819

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1

    Property

    Details
    • Parcel number: 0100218000000020

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Bayonne
    • Subdivision: Bayonne

    HOA & financial

    HOA
    • Services included: Maintenance
    Services availability
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    Estimated market value

    $706,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $706,000