Welcome to this fully occupied 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 net income of $86k annually, making it a lucrative investment prospect sure to capture savvy investors' attention. It is currently a booming restaurant comprising three residential units and one commercial. 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 four units, this property presents multiple rental income streams, maximizing your return on investment. With its desirable location, well-designed units, and impressive rental potential, this property won't stay on the market long. Seize the opportunity to secure a lucrative investment that promises financial stability and long-term growth. Schedule a viewing today before it's too late! AS IS! The seller is motivated. The licensee is related to the Owner.
Welcome to this fully occupied 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 net income of $86k annually, making it a lucrative investment prospect sure to capture savvy investors' attention. It is currently a booming restaurant comprising three residential units and one commercial. 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 four units, this property presents multiple rental income streams, maximizing your return on investment. With its desirable location, well-designed units, and impressive rental potential, this property won't stay on the market long. Seize the opportunity to secure a lucrative investment that promises financial stability and long-term growth. Schedule a viewing today before it's too late! AS IS! The seller is motivated. The licensee is related to the Owner.
Neighborhood
Type
Total Baths
County
Middlesex
Area
Perth Amboy
Tax Amount
$9,494
Status
Active
Listing #
2354581M
Built
1910
Lot Size
0.06
Listed on site
91 days