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Turn key investment property, easy rentals, near train station
ID #:548731More Information:
EXP Realty
More About Frank Musarra EXP Realty
Property Details
Description:
Short distance to South Amboy train station, Rt 9, Rt 35, Garden State Pkwy, NJ Turnpike and local shops! New roof 2019 with 20 yr warranty on materials, 5 yrs on labor, passed Middlesex County Fire inspection and NJ State inspection 2019, vinyl sided in 2005, 1st flr and 3rd floor rear units renovated in 2018/2019, hallways remodeled in 2018, 4 hot water heaters replaced within 5 years, 3 out of 4 heating units replaced within 5 years
current rent roll $56,880k/$15k expenses
Tenants are month to month and pay gas and electric
owner pays water/sewer/common area electric
1st flr: 2bdrm: $1575/mo.
2nd flr: 3bdrm: $1425/mo.
3rd flr 1bdrm: $960/mo.
3rd flr studio: $780/mo.
annual expenses 2020
water/sewer: $3185
taxes: $7746
insurance:$2618
electric: $100
inspection fees $275
repairs $882
Features
Property Features:
- Stove
- Refrigerator
- Fenced Yard
- Living Room
- Basement
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