Address
101 S Pine Ave South Amboy City, NJ
Price
$ 550,000
Property Attributes
- ML#3697838
- TypeMulti-Family
- CountyMIDDLESEX
- CitySouth Amboy City
- AreaSouth Amboy City
- Zip08879
- Style2-Two Story
- Taxes8084
- Price$ 550,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
Listing Provided Courtesy Of:
WEICHERT REALTORS
Data Source:
Garden State MLS
Property Description
Awesome Opportunity for a CASH machine 3 family for Investor or live in 1 unit and rent other 2 *Property consists of renovated 2 family upstairs and downstairs,as well as a third unit ground level with high ceilings currently gutted(was previously commercial-Variance granted by town for 3rd residential unit)*Large back room for can be seperate storage units*big parking area*Upstairs currently rented with lease($1645 gas included)* Downstairs Being left vacant for option for buyer(was rented $1700 paying 1/2 gas)*Seperate Electric Meters*Gross rent 2 fam=$40k(3rd unit when completed easy $2000) to yield $60,000 gross rent. Insurance-$2,400,taxes-$8000,water/sewer-$600,1/2 gas-$600(current expenses=$11,600)Projected expense-$14,000**Looking at NOI Apprx. $46,000 with a CAP Rate of 8.3%!!
| Price History | |
|---|---|
| 3/15/2021 | Listed $550,000 |
General Features
| Architectural Style | 2-Two Story |
|---|---|
| Cooling | Central Air |
| Drive | Off-Street Parking |
| Heating | Baseboard - Hotwater |
| Open Parking Spaces | 4 |
| Roof | Asphalt Shingle |
| Sewer | Public Sewer |
| Tax Annual Amount | 8084 |
| Total Units | 2 |
| Town # | 2120 |
| Township | South Amboy City |
| Utilities | All Underground |
Interior Features
| Basement | Partial |
|---|---|
| Fuel Type | Gas-Natural |
| Unit 1 Appl/equip | Dryer, Range/Oven - Gas, Refrigerator, Washer |
| Unit 1 Baths Total | 1.0 |
| Unit 1 Beds Total | 2 |
| Unit 1 Handicap Modified | No |
| Unit 1 Levels | 1 |
| Unit 1 Room Description | Bedrooms, Kitchen, Living Room |
| Unit 1 Rooms | 4 |
| Unit 2 Appl/equip | Dryer, Range/Oven - Gas, Refrigerator, Washer |
| Unit 2 Baths Total | 1.0 |
| Unit 2 Beds Total | 2 |
| Unit 2 Handicap Modified | No |
| Unit 2 Levels | 2 |
| Unit 2 Room Description | Bedrooms, Kitchen, Living Room |
| Unit 2 Rooms | 4 |
| Unittype1totalrent | 1700 |
| Unittype2totalrent | 1645 |
Exterior Features
| Exterior Description | Vinyl Siding |
|---|---|
| Lot Dimensions | 59X100 IRR |
| Lot Features | Corner |
| Water Source | Public Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 08879
Price
Taxes
Visits
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The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. and HomeSmart First Advantage North Jersey. Real estate listings held by other brokerage firms are marked as IDX listing. Information deemed reliable but not guaranteed. Copyright © 2021 Garden State Multiple Listing Service, L.L.C. All rights reserved. This information is being provided for Consumer's personal, non-commercial use and may not be used for
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the Hudson County MLS. Real estate listings held by brokerage firms other than HomeSmart First Advantage North Jersey are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties
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