Investment Property for Sale at 361 Prospect Street in Perth Amboy, NJ for $1,075,000

361 Prospect Street | Perth Amboy

$1,075,000 | 5 Baths | 2,868 Sq. Ft.

Investor special! High-yield 3-family property in Perth Amboy offering exceptional cash flow at an attractive entry price. Property highlights: (3) Income-generating units (including a large 4-bedroom) (3) garages for added revenue Tenants pay all utilities = low expenses With $99K gross income and $86K NOI, this deal presents a rare opportunity to secure an 8% cap rate in a growing market. Ideal for: Investors seeking maximum cash flow Value-add buyers looking to increase rents over time Seller open to seller financing. Shared Driveway. AS IS, Buyer is responsible for CO. *Some photos are virtually enhanced) CJMLS 2612858R

MLS Listing ID: 
CJMLS 2612858R
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1903
Age: 
0
Living Area: 
2,868
Basement: 
Partially Finished, Storage Space
Interior: 
Kitchen, Living Room, Kitchen, Kitchen, Living Room
Room Details
Details about the rooms in the building.
Total Rooms: 
14
Total Bedrooms: 
0
Total Bathrooms: 
5
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Central, See Remarks
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.12
Lot Size (Area): 
0.12
Lot Size (Dimensions): 
105.00 x 0.00
Public Record
Parcel Number: 
1600159000000004
Annual Tax: 
$9,972.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXP REALTY, LLC

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