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Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 2510014R
Originating Board CJMLS API
Year Built 1909
Annual Tax Amount $9,553
Lot Dimensions 0.00 x 0.00
Property Sub-Type 3 Family
Property Description
Back on Market. Buyer couldn't perfom. This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package). Unit 1 has 2 bedrooms, 1 bath. Tenant in place for years Month 2 Month lease. Rent: $1,300 per month (market value: $2,200-$2,300 per month). Month-to-month lease (not renovated due to current tenancy. Unit 2 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. Lease expires July 31. Unit 3 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. On a lease till July 31. Details Sale price: $719,000. All units pay their own water Landlord pays only taxes and insurance. Buyer responsible for Certificate of Occupancy (CO) (286 Oak is also for sale. 2 family attached to 288 Oak. Fully rented)
Location
State NJ
County Middlesex
Rooms
Basement Full, None
Interior
Interior Features Unit 1(2 Bedrooms), Unit 2(3 Bedrooms), Unit 3(3 Bedrooms)
Heating Radiant
Cooling A/C Window Unit(s)
Appliance Water Heater(See Remarks), Water Heater
Exterior
Utilities Available See Remarks
Building
Lot Description See Remarks
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 2116000690000000280000
Ownership Fee Simple
Virtual Tour https://www.propertypanorama.com/instaview/msx/2510014R
Listed by RE/MAX FIRST REALTY II