Great investment opportunity in the heart of South Amboy! This fully rented 3 unit home was renovated in 2024 and offers strong rental income with three spacious units: Unit 1 (right) features 4 bedrooms and 1 bath, currently rented at $3,200/month; Unit 2 (left) has 2 bedrooms, 1 bath, and… Read More a laundry room, rented at $2,500/month with 1 parking space included; Unit 3 (2nd floor) offers 2 bedrooms and 1 bath, also rented at $2,500/month totaling $8,200 in monthly rental income. All leases are month-to-month, providing flexibility for the new owner. The property includes a full walk-out basement with high ceilings, perfect for storage or potential future living space, and a massive parking lot that fits over 20 vehicles. Conveniently located just minutes from the NYC ferry, NJ Transit, GSP, restaurants, parks, and more this is a turnkey opportunity you don't want to miss! Read Less
Courtesy of KELLER WILLIAMS - NJ METRO GROUP.
Listing Snapshot
Days Online
9
Last Updated
Property Type
Other
Beds
8
Lot Size
0.15 Acres
MLS Number
3959578
30 Days Snapshot Of 08879
$678k
+4%
(avg) sold price
2
+100%
homes sold
38
-86%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Walkout, Yes
Building
Built in 9999, Renovated in 2024
Cooling
2 Units, Window A/C(s)
Exterior Features
Brick, Vinyl Siding
Water Features
Public Water
Heating
Electric, Gas-Natural, 3 Units, Forced Hot Air
Lot
Approximate Lot Size: 50X128, 0.15 acres, Corner
Parking
1 parking space, Blacktop, See Remarks
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $9,928, Tax Rate: 3.209
Unit One
1 bathroom, 4 bathrooms, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, See Remarks
Unit Three
1 bathroom, 2 bathrooms, Handicap Accessibility: No, See Remarks
Utilities
Electric, Gas-Natural
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