314 Main StSouth Amboy, NJ 08879

  • Residential income properties
  • 5 SF
For Sale
$1,100,000 View listing

Property Details for 314 Main St

Year built
1914
Property size (Sq ft)
5 SF
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This well-maintained, two-story apartment building at 314 Main Street, South Amboy, NJ 08879, presents a compelling investment opportunity. Built in 1914, this 5-unit property offers a blend of classic charm and modern convenience. Each unit features a single bedroom, eat-in kitchen, living room, and a full bathroom, providing comfortable living spaces for tenants. Separate utilities for each unit simplify management and enhance tenant satisfaction. Currently, one unit is vacant, offering immediate potential for increased rental income. Ample parking is available with two driveways accommodating a total of seven vehicles. Adding to the income potential are six detached garages, ideal for additional rental revenue. The property's prime location, minutes from the South Amboy train station and local shops, ensures high tenant demand and easy access to transportation and amenities. The asking price is $1,100,000. This property offers a solid foundation for a strong cash flow and significant return on investment. The building's square footage is 5,000 square feet. Don't miss this chance to acquire a well-situated multifamily property in a thriving New Jersey community.

314 Main St, South Amboy, New Jersey

Location Insight

City
South Amboy
County
Middlesex
State
New Jersey
Latitude
40.4833
Longitude
-74.2868

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