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303 Maple Street 309, Perth Amboy, NJ 08861
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$1,500,000
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Home Details for 303 Maple Street 309
Price
$1,500,000
Type
Commercial/Industrial
Total Bathrooms
2
Full Bathrooms
2
Year Build
1924
Sq. Ft.
7072
Lot Size
0.102
County
Middlesex
Tax
$28,152
MLS®️ Listing#
2513691R
On exitrealty.com
186 days
Property Description
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 6.36% 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!
- Utilities
- Electricity Connected
- Natural Gas Connected
- Natural Gas Available
- Water Features
- Public
- Parking
- On Street
Listing Courtesy: TVERDOV HOUSING - 732-344-0701
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Market statistics compiled from data from Middlesex County MLS.
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$1,500,000
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EXIT BLUE WATER REALTY
943 Highway 34, Matawan, NJ 07747