71 E RAILROAD AVE Under Contract

Jamesburg,NJ 08831

$ 375000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 2503922R

Originating Board CJMLS API

Year Built 1930

Annual Tax Amount $10,041

Tax Year 2023

Lot Dimensions 122.00 x 26.00

Property Description

This property is a fantastic income generator with a strong rental history. All units, including the storefront, are fully leased, producing an annual rental income of $39,000. It also boasts a full basement offering ample storage space and is outfitted with three separate HVAC systems, water heaters, and electrical services. Tenants cover all utilities, with water costs split three ways. Located in a prime area, this is a solid investment opportunity.

Location

State NJ

County Middlesex

Rooms

Other Rooms Shed(s)

Basement Full,Exterior Entry,Storage Space,Tenant Use

Interior

Interior Features Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room),Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room),Unit 3(1 Bath,See Remarks)

Heating Forced Air

Cooling A/C Central - All,Unit 1(A/C Central),Unit 2(A/C Central),Unit 3(A/C Central)

Appliance Water Heater(Gas),Water Heater,Unit 1(Refrigerator),Unit 2(Refrigerator)

Heat Source Natural Gas

Exterior

Exterior Feature Storage Shed,Yard

Utilities Available Electricity Connected,Natural Gas Connected

Roof Type Asphalt

Handicap Access Unit 1 Accessibility Features,Unit 2 Accessibility Features,Unit 3 Accessibility Features

Building

Lot Description Near Shopping,See Remarks

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 80003400003

Ownership See Remarks

Energy Description Natural Gas

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