591 New Brunswick Ave, Perth Amboy City, NJ 08861

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List Price
$675,000
Days on Market
6
Status
ACTIVE
MLS#
4060942
Lot Size (Acres)
0.06
Year Built
1925
County
Middlesex

Property Description

For Sale: Amazing Brick Building with 2 long term established Retail Tenants. 100% Leased. Front Unit is Margarita's Deli, established over 15 years & Rear Unit is Stage 1 Tires also a long term tenant. Goldmine High Traffic location on New Brunswick Ave,Perth Amboy near the Hospital & High Density Apartment Complex next to 7-11 & Family Dollar across from Dominos by Autozone & McDonalds. This 2600 sq ft building has very stable tenants (sq footage from tax records,buyer must verify).Approx Gross Income $59,424. Annual Rent Increase of 3%. Rent is below market. Owner only pays for Taxes & Insurance. Cap Rate 6.74.

Additional Information

Heating
Forced Hot Air
Cooling
See Remarks
Roof
Flat
Utilities
Electric, Gas-Natural
Water
Public Water
Sewer
Public Sewer

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Listing Courtesy Of RE/MAX COMPETITIVE EDGE, Contact: 732-548-5555