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1645 Church St

Rahway City, NJ 07065
  • $949,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 3774744
UPDATED: 41 min ago
$949,000
  • 12
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,840
    SQFT
  • $247
    $/SQFT
Type:
Multi-Family
Built:
1880
County:
Area:

School Ratings & Info

Description

Well maintained, fully occupied, 4-family investment property suitable for owner occupancy or complete rental (total rent roll $7,525/mo; Attractive CAP Rate). Four 3 bed/ 1 bath units. Each unit has separate electric and gas. Each with own laundry. All units renovated approximately 2019. 2 car detached garage and off street parking. Large lot for potential development. Large Welcoming Front Porch. Less than 1 mile to train station. Convenient to shopping, dining, parks, and schools. Rents could be higher.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-07T17:46:44.95.
www.kayplatinumgroup.com/homes/127589092
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1645 Church St Rahway City, NJ 07065

  • Price: $949,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 41 min ago
  • MLS #: 3774744
12
Beds
4
Baths
0
½ Baths
0.1
Acres
3,840
SQFT
$247
$/SQFT
1880
Built
County:
Union
Area:
Rahway City
Property Description
Well maintained, fully occupied, 4-family investment property suitable for owner occupancy or complete rental (total rent roll $7,525/mo; Attractive CAP Rate). Four 3 bed/ 1 bath units. Each unit has separate electric and gas. Each with own laundry. All units renovated approximately 2019. 2 car detached garage and off street parking. Large lot for potential development. Large Welcoming Front Porch. Less than 1 mile to train station. Convenient to shopping, dining, parks, and schools. Rents could be higher.
Exterior Features

Approximate Lot Size 95X125 Exterior Description Vinyl Siding Exterior Features Open Porch(Es) Garage Description Detached Garage Number Of Parking Spaces 6 Parking Driveway Description Blacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling None Heating Radiant - Hot Water Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 20 Unit1 Appliances Equipment Carbon Monoxide DetectorDryerRange/Oven - GasRefrigeratorSmoke DetectorWasher Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenKitchenLaundry Room Unit1 Rooms 5 Unit1 Security Deposit 1800 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorDryerRange/Oven - GasRefrigeratorSmoke DetectorWasher Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLaundry RoomUtility Room Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenKitchenLaundry Room Unit3 Rooms 5 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorDryerRange/Oven - GasRefrigeratorSmoke DetectorWasher Unit4 Baths 1.0 Unit4 Bedrooms 3 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsKitchenLaundry RoomUtility Room Unit4 Rooms 5 Unit4 Sq Ft 0

Property Features

Assessment Total 230200 Building Assessment 160500 Easement Unknown Exclusions Personal Property; Ac Window Units Expenses Include Cold WaterInsuranceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 91500 Home Warranty No Land Assessment 69700 Net Operating Income 70700 Renovated Year 2019 Services Cable Tv AvailableFiber Optic AvailableGarbage Included Sewer Public Sewer Tax Amount 15941 Tax Rate Amount 6.951 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 20800 Unit Style Fourplex Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1800 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2025 Unit2 Security Deposit 2025 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1900 Unit3 Security Deposit 1900 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1900 Unit4 Security Deposit 1900 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of .


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-07T17:46:44.95.
 
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