591 New Brunswick Avenue, Perth Amboy NJ 08861, 1216 - Perth Amboy, NJ 08861

$675,000
2,600
SqFt
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List Price
$675,000
Days on Market
2
Status
ACTIVE
MLS#
2706496R
Living Area
2,600
Lot Size (Acres)
0.0574
Year Built
1925
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732-754-2541

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.

732-754-2541
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Additional Information

Area
1216 - Perth Amboy
Utilities
Electricity Connected, Natural Gas Connected
Floors
See Remarks
Taxes
$10,600
Lot Size
2,500
Parking Driveway
On Street
Lot Description
Near Train, Commercial Area, Corner Lot
Water
Public
Levels
1
Heat Fuel
Forced Air
Cooling
See Remarks
Water Sewer
Public Sewer
Roof
Flat
Stories
1
Show Address
Yes
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