About 264 Washington Street
Welcome to 264 Washington Street - A Rare Investor Special or Multifamily Opportunity in the Heart of Perth Amboy! This stately all-brick 4-family property boasts timeless curb appeal and unmatched location just minutes from downtown, waterfront parks, schools, and public transit. Offering four spacious units with separate entrances, this legal multifamily setup is ideal for buy-and-hold investors or owner-occupants seeking strong cash flow potential. Key Features: Solid brick construction with historic charm; Each unit metered separately for gas & electric; Tenants responsible for utilities; Rear yard and side access for convenience; Potential gross rental income of $7,750+ monthly. Located in an Opportunity Zone and surrounded by continued redevelopment, this property is perfect for investors looking to add value or take advantage of Perth Amboy's growing demand for quality rental housing. Whether you're expanding your portfolio or seeking a property to house-hack, 264 Washington Street offers both flexibility and upside. Property sold strictly as-is with tenants in place. Don't miss your chance to own this income-producing asset in a commuter-friendly, high-demand neighborhood!
Features of 264 Washington Street
| MLS® # | 2514196R |
|---|---|
| Price | $975,000 |
| Square Footage | 3,800 |
| Acres | 0.11 |
| Year Built | 1907 |
| Type | Residential Income |
| Sub-Type | 4 Family |
| Status | Under Contract |
Community Information
| Address | 264 Washington Street |
|---|---|
| City | Perth Amboy |
| County | Middlesex |
| State | NJ |
| Zip Code | 08861 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | 4(+)Car Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 3(3 Bedrooms,Kitchen,1 Bath,Den/Family Room), Unit 4(3 Bedrooms,1 Bath,Living Room,Den/Family Room) |
|---|---|
| Appliances | Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator), Unit 4(Range/Oven,Refrigerator) |
| Heating | Baseboard |
| Cooling | A/C Wall Unit(s),A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit), Unit 4(A/C Unit) |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Partially Finished, Bath Full, Other Room(s), Exterior Entry, Den, Storage Space |
Exterior
| Exterior Features | Porch |
|---|---|
| Lot Description | Interior Lot |
| Roof | Flat |
Additional Information
| Days on Market | 22 |
|---|---|
| Zoning | R-25 |
Listing Details
| Office | KELLER WILLIAMS BY THE BAY |
|---|