Amazing large 2 Family Money Maker. This North East Facing 2 Family features 3 Bedrooms in Apartment 1 & 3 Bedrooms in Apartment 2. Plus a Full Basement & a great backyard for parties. Separate Gas, Electric & Water Meters. Perfect for Owner Occupants, Live in 1 Unit and help pay mortgage with Rental Income. Also great for Investors. Low Taxes. Gross Income $61,200, Net Income $50,448. Cap Rate 8.5.Great for Commuters, Perth Amboy Train Station with Direct Trains to NYC is just a short 6 minutes stroll and close to the Water Front.
3 family with lots of moneymaking potential. This 2 building in one lot offers a front building with 2 units with 3bed /1 bath each, a separate finished attic and full unfinished basement. Next, the back unit is a separate single family with ample living room and kitchen with 2 bedroom and 1 bath.
This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package) Unit 1 2 bedrooms, 1 bath Tenant in place for years Rent: $1,300 per month (market value: $2,100-$2,200 per month) Month-to-month lease (not renovated due to tenant) Unit 2 3 bedrooms, 1 bath Fully renovated Rent: $2,300 per month On a lease Unit 3 3 bedrooms, 1 b