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(908) 202-5738
Real Estate Company
591 New Brunswick Ave, Perth Amboy City, NJ 08861
- $675,000
- List Price
- $675,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 4060942
- Year Built
- 1925
- Acres
- 0.06
Property Description
For Sale: Amazing Brick Building with 2 long term established Retail Tenants. 100% Leased. Front Unit is Margarita's Deli, established over 15 years & Rear Unit is Stage 1 Tires also a long term tenant. Goldmine High Traffic location on New Brunswick Ave,Perth Amboy near the Hospital & High Density Apartment Complex next to 7-11 & Family Dollar across from Dominos by Autozone & McDonalds. This 2600 sq ft building has very stable tenants (sq footage from tax records,buyer must verify).Approx Gross Income $59,424. Annual Rent Increase of 3%. Rent is below market. Owner only pays for Taxes & Insurance. Cap Rate 6.74.
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Additional Information
- Taxes
- $10,600
- Heating
- Forced Hot Air
- Air Conditioning
- See Remarks
- Exterior Features
- Brick/Block
- Roof
- Flat
- Number Of Units
- 2
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Listing Courtesy Of RE/MAX COMPETITIVE EDGE, Contact: 732-548-5555
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