Turn key investment property, easy rentals, near train station

120 S Broadway
South Amboy, NJ 08879


  REF/ID # 548731

7 Bedrooms - 4 Bathrooms
0 Car Garage
0 Lot
Approx. year(s) old.
732-882-8198 Telephone
frank.musarra@exprealty.com EMail contact
Frank Musarra
EXP Realty
Phone: (866) 201-6210
Cell Phone: (732) 882-8198

All Information Deemed Accurate but not Warranted.

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
electric: $100
inspection fees $275
repairs $882

Stove - Refrigerator - Fenced Yard - Living Room - Basement