$725,000
$775,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
462 Compton AVE Perth Amboy, NJ 08861
9 Beds
3 Baths
3,432 SqFt
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,432 sqft
Price per Sqft $211
Subdivision 69 Bldg Lts
MLS Listing ID 2350036M
Sold Date 08/05/23
Bedrooms 9
Full Baths 3
Originating Board CJMLS API
Year Built 1919
Annual Tax Amount $10,710
Tax Year 2022
Lot Size 2,500 Sqft
Acres 0.0574
Lot Dimensions 25X100
Property Description
Great investment property- three- 3 bedroom "legal" apartments for all three apartments. Total monthly income for the three leases is $5018. Long term tenants (approximately 5 years for each) who would like to stay. Many upgrades to the property including a re-roof within 1 year, vinyl siding, and excellent living spaces for all three apartments. The bathrooms and kitchens have been updated (the second floor bath tub will be replaced by the current owners). The current owners and tenants have maintained the property and the apartments very well. Great location only 2 blocks from the Raritan Bay Medical Center of Perth Amboy. Great neighborhood. Close to the train and bus lines for commuters and close to shopping. The only reason the owners are selling is that they are retiring and moving. The current tenant/landlord relationship is excellent. Water and sewer is currently paid by the owners. Underground oil tank recently removed with all EPA paperwork completed.
Location
State NJ
County Middlesex
Zoning R-25
Rooms
Basement Full
Interior
Interior Features Unit 1(1 Bath, 3 Bedrooms, Kitchen, Living Room), Unit 2(1 Bath, 3 Bedrooms, Kitchen, Living Room), Unit 3(1 Bath, 3 Bedrooms, Kitchen, Living Room)
Heating Baseboard, Baseboard Hotwater, Radiant
Cooling A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)
Appliance Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Flat
Building
Lot Description Level, Near Public Transit, Near Train
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1600280000000008
Ownership Fee Simple
Energy Description Natural Gas
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