216 Hall Avenue Perth Amboy, NJ 08861

$975,000
0.06
Acres
3,710
SQFT
263
$/SQFT
$975,000
3,710   sf
$263 / sf
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Welcome to this fantastic, beautiful brick building in Perth Amboy! This maintained property offers the ideal blend of convenience, comfort, and profitability. Situated in a prime location, this mixed-use building boasts a total GROSS annual rent of $94,800, making it a lucrative investment prospect that is sure to capture the attention of savvy investors. Comprising three residential units and one commercial, it is currently a booming restaurant. Three residential units include a separate entrance and are noted as Unit 1 - 3 bedrooms 2 bathrooms, Unit 2 - 2 bedrooms 1 bathroom, and Unit 3 - 2 bedrooms 1 bathroom. The rear of the building has a courtyard that can be transformed into a great outdoor space with some creativity. With a combined total of four units, this property presents multiple streams of rental income, maximizing your return on investment. Whether you're a seasoned investor or exploring the realm of real estate investment for the first time, this property offers an exceptional opportunity to generate substantial rental income. Don't miss out on the chance to add this gem to your investment portfolio. With its desirable location, well-designed units, and impressive rental potential, this property won't stay on the market for long. Seize the opportunity to secure a lucrative investment that promises both financial stability and long-term growth. Schedule a viewing today before it's too late! The licensee is related to the Owner.

Welcome to this fantastic, beautiful brick building in Perth Amboy! This maintained property offers the ideal blend of convenience, comfort, and profitability. Situated in a prime location, this mixed-use building boasts a total GROSS annual rent of $94,800, making it a lucrative investment prospect that is sure to capture the attention of savvy investors. Comprising three residential units and one commercial, it is currently a booming restaurant. Three residential units include a separate entrance and are noted as Unit 1 - 3 bedrooms 2 bathrooms, Unit 2 - 2 bedrooms 1 bathroom, and Unit 3 - 2 bedrooms 1 bathroom. The rear of the building has a courtyard that can be transformed into a great outdoor space with some creativity. With a combined total of four units, this property presents multiple streams of rental income, maximizing your return on investment. Whether you're a seasoned investor or exploring the realm of real estate investment for the first time, this property offers an exceptional opportunity to generate substantial rental income. Don't miss out on the chance to add this gem to your investment portfolio. With its desirable location, well-designed units, and impressive rental potential, this property won't stay on the market for long. Seize the opportunity to secure a lucrative investment that promises both financial stability and long-term growth. Schedule a viewing today before it's too late! The licensee is related to the Owner.

  • Neighborhood
  • Type
  • County
    Middlesex
  • Area
    Perth Amboy
  • Tax Amount
    $9,494
  • Status
    Active
  • Listing #
    2354136M
  • Built
    1910
  • Lot Size
    0.06
  • Listed on site
    43 days

Listed by:
Keller Williams Elite Realtors

mls source logo Listing provided courtesy of Central Jersey MLS
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Property details

Community Features

  • No HOA

Property Features

  • Sewer
  • Public Water

Exterior features

  • Has garage
  • No Pool

Property History

DateDays AgoEventNew Price
Apr 16, 202415 days agoPrice decreased200,000 (17%)$975,000
Mar 19, 20241 mo agoNew on market$1,175,000
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