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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,244 sqft
Price per Sqft $321
MLS Listing ID 2404698R
Sold Date 02/05/24
Originating Board CJMLS API
Year Built 1925
Annual Tax Amount $7,296
Tax Year 2022
Lot Size 3,698 Sqft
Acres 0.0849
Lot Dimensions 100.00 x 37.00
Property Description
Outstanding 2-Family opportunity(w/off street parking) steps away from NJ Transit/Amtrak northeast corridor, 1st floor vacant, income potential $1500-$1800 per month each floor, property being sold in as-is condition. 2nd floor tenant lease termination 12/31/2023 current rent $880 per month. 1st floor-fresh paint new floors, ceiling fans, new lighting fixtures. Large lot w/fenced backyard. Private two-car driveway. Utilities separate, tenants pay all utilities, except for water & sewer. Gas heat first floor, electric baseboard heat 2nd floor. 1st floor move-in ready. Centrally located to Rahway City amenities. Buyer responsible, for all municipal inspections and certifications required to close. Home Inspections for the buyers informational purposes only.
Location
State NJ
County Union
Rooms
Basement Crawl Space, Storage Space
Interior
Interior Features Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room, See Remarks), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room, See Remarks)
Heating Electric, Forced Air
Cooling None
Appliance Water Heater(See Remarks), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Heat Source Natural Gas
Exterior
Exterior Feature Yard
Utilities Available Gas In Street
Roof Type Asphalt
Parking Type 1-2 Car Parking
Building
Lot Description Near Shopping, Near Train, See Remarks, Near Public Transit
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1300310000000017
Ownership Fee Simple
Energy Description Natural Gas
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Lucas Wolf
Broker of Record/Owner | License ID: 0903676
Broker of Record/Owner License ID: 0903676