About 303 Maple Street 5
Seize a rare investment opportunity at 303-309 Maple St, a 5-unit mixed-use building located in the heart of downtown Perth Amboy and in an Opportunity Zone. This property offers a perfect blend of stable commercial income and spacious residential units, ideal for investors seeking returns in a vibrant urban setting. Key Features: Three commercial units with stable, long-term leases, providing consistent cash flow Two oversized 2-bedroom apartments, offering spacious layouts and strong rental potential Prime downtown location, steps from shops, restaurants, train and waterfront attractions Situated in a designated Opportunity Zone, unlocking significant tax benefits Close to public transportation, major highways, and Perth Amboy's bustling business district Well-maintained building with modern amenities and strong curb appeal. Annual rent is $136,260 a year. Water/Insurance/Maintenance $15,000. NOI $95,440. This is currently listed at a 6.54% cap rate. This property combines reliable commercial tenants with high-demand residential units. Don't miss your chance to own a versatile asset in a prime location with exceptional financial upside. Schedule a showing today!
Features of 303 Maple Street 5
| MLS® # | 2513691R |
|---|---|
| Price | $1,460,000 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 7,072 |
| Acres | 0.10 |
| Year Built | 1924 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 303 Maple Street 5 |
|---|---|
| City | Perth Amboy |
| County | Middlesex |
| State | NJ |
| Zip Code | 08861 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range/Oven, Refrigerator |
|---|---|
| Heating | Radiators-Steam |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Lot Description | Near Shopping, Near Train |
|---|---|
| Roof | Flat |
Additional Information
| Days on Market | 60 |
|---|---|
| Zoning | C-2 |
Listing Details
| Office | TVERDOV HOUSING |
|---|