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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,709 sqft
Price per Sqft $181
MLS Listing ID 2300138R
Sold Date 09/02/22
Originating Board CJMLS API
Year Built 1899
Annual Tax Amount $5,136
Tax Year 2021
Lot Size 4,251 Sqft
Acres 0.0976
Lot Dimensions 85.00 x 50.00
Property Description
Perth Amboy 4 Family W/2 Bonus Units and Low Taxes: Great opportunity to generate over $96K+ of rental income per year for an investor looking to cash flow or a home buyer that wants to live mortgage free & generate income at the same time. The right side 1st floor unit 1 apartment consists of a 1 bedroom apartment which can be configured into a duplex to include the basement apartment. Unit 2 three bedroom spacious duplex spreads over 2 floors w/ 2 bathrooms. Left hand side unit 1 first floor unit 2 bedroom apartment. 2nd floor unit 2 two bedroom duplex spread over 2 floors, basement apartment below current isn't connect to the 1st floor unit. Off street parking and external storage at the back of the building. The home will be sold in as is condition and the seller will not be finishing the remaining 20-30% renovations. New bathrooms, plumbing, electrical and flooring have been installed in parts of the building. This home will not qualify for a standard FHA loan. Only a Conventional Mortgage, Cash, Private Funding, Renovation Loan, Hard Money & FHA 203K.Pls use all precautions when going through and around the site as well as being always accompanied by a contractor or a licensed real estate professional. Signed Buyers Hold Harless & release regarding covid required before requesting access. The buyer will be responsible for all city inspections. Close to all modes of public transportation an easy commute to New York. I have video footage available. Direct end buyers only
Location
State NJ
County Middlesex
Zoning R-25
Rooms
Basement Full, None
Interior
Interior Features Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 3(1 Bedroom, Dining Room, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, 2+ Baths)
Heating See Remarks
Cooling None, See Remarks
Appliance Water Heater(See Remarks), Unit 1(Range/Oven)
Heat Source Natural Gas
Exterior
Utilities Available See Remarks
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1600153000000028
Ownership Fee Simple
Energy Description Natural Gas
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