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97 Lewis St

Perth Amboy City, NJ 08861
  • $1,200,000
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 3887338
$1,200,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Calling all investors; this 5 Unit multi family building is grossing over 100K annually. The interior has been renovated a year ago and the rents are slightly below market rates and has room for upside. Buyers must qualify for a commercial mortgage, hard money loan or CASH to purchase this property. The rental leases are as follows: $1600 2b 2b, $2000 3b 1b, $2500 3b 1b, $1600 1b 1b, $1700 1b 1b

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Garden State MLS logo © 2024 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 2024-05-26T22:46:32.387.
www.kayplatinumgroup.com/homes/147847879
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97 Lewis St Perth Amboy City, NJ 08861

  • Price: $1,200,000
  • Status: Active
  • On Site: 94 Days
  • MLS #: 3887338
6
Beds
6
Baths
0
½ Baths
0.11
Acres
1900
Built
County:
Middlesex
Area:
Perth Amboy City
Property Description
Calling all investors; this 5 Unit multi family building is grossing over 100K annually. The interior has been renovated a year ago and the rents are slightly below market rates and has room for upside. Buyers must qualify for a commercial mortgage, hard money loan or CASH to purchase this property. The rental leases are as follows: $1600 2b 2b, $2000 3b 1b, $2500 3b 1b, $1600 1b 1b, $1700 1b 1b
Exterior Features

Approximate Lot Size 50X100 Exterior Description Stucco Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Rubberized

Interior Features

Basement Yes Basement Description Unfinished Cooling None Heating 4+ UnitsBaseboard - Hotwater Total Number Of Rooms 10 Unit1 Appliances Equipment CarbMDetCookGasKitExhFnRefrig Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomPantryPorch Unit1 Rooms 5 Unit1 Security Deposit 9999 Unit1 Sq Ft 9999 Unit2 Appliances Equipment CarbMDetCookGasKitExhFnRefrig Unit2 Baths 2.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomEat-In KitchenLiving RoomPorch Unit2 Rooms 6 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 9999 Unit4 Appliances Equipment CarbMDetCookGasKitExhFnRefrig Unit4 Baths 1.0 Unit4 Bedrooms 3 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsEat-In KitchenLiving Room Unit4 Rooms 4 Unit4 Sq Ft 9999

Property Features

Assessment Total 527600 Building Assessment 394600 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 120000 Land Assessment 133000 Net Operating Income 80000 Renovated Year 2022 Tax Amount 15696 Tax Rate Amount 2.975 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 40000 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2500 Unit2 Security Deposit 9999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2500 Unit3 Security Deposit 3 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 2500 Unit4 Security Deposit 9999 Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Lifetime Realtors: 908-688-2828.


Garden State MLS logo © 2024 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 2024-05-26T22:46:32.387.
 
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