79-81 Washington St - Apartments FOR SALE


Perth Amboy, NJ 08861
$1,400,000 USD
973-903-6777
79-81 Washington St, Perth Amboy, NJ for Sale
$1,400,000 USD
Apartments - FOR SALE
1/28
null | 6.6% Cap Rate

79-81 Washington St
Perth Amboy, NJ 08861


HIGHLIGHTS

  • Excellent Location
  • Recently Renovated
  • All Units Separately Metered for Gas, Electric, Water and Sewer; Tenants Pay All Their Own Utilities
  • Ample Parking

OVERVIEW

Great Solid Investment Opportunity! A Six Unit Apartment Building in a Good Location, Easy to Maintain. The Building was Totally Renovated circa 2000, and Recently Renovated in 2022/2023. Roof was Replaced in 2015. All Units Have Individual Furnaces and Hot Water Heaters. All Units are Separately Metered for Gas, Electric, Water and Sewer. All Tenants Pay Their Own Utilities, Including Gas, Electric, Water, and Sewer. New Jersey State Inspection Done in 2023, Next Inspection is in 5 Years. Rent Roll and Expense Sheet can be Provided Upon Request.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$294 USD /SF

# OF UNITS

6

PRICE/UNIT

$233,333

CAP RATE

6.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

R-25

APN/PARCEL ID

16-00234-0000-00019

ASK ABOUT THIS PROPERTY

Jean RubinColdwell Banker RealtyMore Info
973-903-6777

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Jean RubinColdwell Banker RealtyMore Info
973-903-6777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.