About 288 Oak Street
Back on Market. Buyer couldn't perfom. This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package). Unit 1 has 2 bedrooms, 1 bath. Tenant in place for years Month 2 Month lease. Rent: $1,300 per month (market value: $2,200-$2,300 per month). Month-to-month lease (not renovated due to current tenancy. Unit 2 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. Lease expires July 31. Unit 3 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. On a lease till July 31. Details Sale price: $719,000. All units pay their own water Landlord pays only taxes and insurance. Buyer responsible for Certificate of Occupancy (CO) (286 Oak is also for sale. 2 family attached to 288 Oak. Fully rented)
Features of 288 Oak Street
| MLS® # | 2510014R |
|---|---|
| Price | $719,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1909 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Under Contract |
Community Information
| Address | 288 Oak Street |
|---|---|
| City | Perth Amboy |
| County | Middlesex |
| State | NJ |
| Zip Code | 08861 |
Amenities
| Utilities | See Remarks |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(2 Bedrooms), Unit 2(3 Bedrooms), Unit 3(3 Bedrooms) |
|---|---|
| Appliances | Water Heater(See Remarks), Water Heater |
| Heating | Radiant |
| Cooling | A/C Window Unit(s) |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, None |
Exterior
| Lot Description | See Remarks |
|---|
Additional Information
| Days on Market | 20 |
|---|
Listing Details
| Office | RE/MAX FIRST REALTY II |
|---|