$890,000
Est. payment /mo
3,710 SqFt
New
216 Hall AVE Perth Amboy, NJ 08861
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
12/09/2024 09:23 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,710 sqft
Price per Sqft $239
MLS Listing ID 2560793M
Originating Board CJMLS API
Year Built 1910
Annual Tax Amount $9,494
Tax Year 2023
Lot Size 2,500 Sqft
Acres 0.0574
Lot Dimensions 25X100
Property Description
BACK ON THE MARKET! BUYER COULD NOT PERFORM. Welcome to this fully occupied brick building in Perth Amboy! This property offers the ideal blend of convenience, comfort, and profitability. Situated in a prime location, this mixed-use building boasts a gross income of $100k annually, making it a lucrative investment prospect sure to capture savvy investors' attention. The first floor is a booming restaurant comprising three residential units and one commercial. Three residential units include a separate entrance and are as follows - Unit 1 - 3 bedrooms 2 bathrooms ($2500), Unit 2 - 2 bedrooms 1 bathroom ($1800), and Unit 3 - Smaller 2 bedrooms 1 bathroom ($1550). The rear of the building has a courtyard that can be transformed into a great outdoor space with some creativity. With four total 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.
Location
State NJ
County Middlesex
Zoning R-25
Interior
Heating Radiant-Hot Water
Cooling Wall Unit(s)
Flooring Tile, Wood
Heat Source Natural Gas
Exterior
Utilities Available See Remarks
Roof Type Composition
Building
Lot Description Commercial Area
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1600346000000003
Energy Description Natural Gas
Listed by KELLER WILLIAMS EAST MONMOUTH
GET MORE INFORMATION