Turn key investment property, easy rentals, near train station

ID #:548731
$559,900
120 S Broadway
South Amboy, NJ 08879 
Pending
Bedrooms: 7
Bathrooms: 4
Square Feet: N/A
Min. Down: N/A
Lot Size: N/A
HOA Fees: N/A
Floors: 3
Telephone 732-882-8198
EMail contact frank.musarra@exprealty.com
Property Type: Multi-family
Sale Type:Resale

Presented By:

EXP Realty Frank Musarra

Phone: (866) 201-6210
Alt: (732) 882-8198
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More About Frank Musarra EXP Realty

Property Details

Description:

Short distance to South Amboy train station, Rt 9, Rt 35, Garden State Pkwy, NJ Turnpike and local shops! New roof 2019 with 20 yr warranty on materials, 5 yrs on labor, passed Middlesex County Fire inspection and NJ State inspection 2019, vinyl sided in 2005, 1st flr and 3rd floor rear units renovated in 2018/2019, hallways remodeled in 2018, 4 hot water heaters replaced within 5 years, 3 out of 4 heating units replaced within 5 years

current rent roll $56,880k/$15k expenses
Tenants are month to month and pay gas and electric
owner pays water/sewer/common area electric
1st flr: 2bdrm: $1575/mo.
2nd flr: 3bdrm: $1425/mo.
3rd flr 1bdrm: $960/mo.
3rd flr studio: $780/mo.

annual expenses 2020
water/sewer: $3185
taxes: $7746
insurance:$2618
electric: $100
inspection fees $275
repairs $882

Features

Property Features:

  • Stove
  • Refrigerator
  • Fenced Yard
  • Living Room
  • Basement
This property is listed with an agency, such as a real estate agent, broker or agency representative.
Agency
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