Description
Amazing opportunity to own this great investment property. Both units are rented on month-to-month basis. Rental Potential $2,500 each unit/Annual $60,000. Cap Rate 7.5%. or rent one apartment and live in the other. Won't last! This two family house has transportation right in front bus to Woodbridge Center, Close to Major Highways - GS PKWY and Route 9, NJ TRANSIT TRAIN to NYC in 35 to 40 Mins, TRAIN to Jersey Shores such as Belmar Beach, Bradley Beach, PT. Pleasant Beach, Asbury Park and more, Ferry starting in the end of 2022, Raritan Bay and Park, Restaurants and Shops, Schools and House of Worship. Each unit consists of 3 full size bedrooms, 1 bath, Laundry - washer & dryer,EIK, Living room, Dining Room, both units have central air. 2nd Floor has wood-like tiled floors, updated kitchen with stainless steel appliances, wood cabinets, updated bathroom. First floor has the same layout needs some update. Full basement with its own entryway. Concrete driveway for 2 cars. This property is eligible for 5.875% interest rate with no PMI for qualified buyers.
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6BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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2,393SQFT
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$250$/SQFT
School Information
Description
Amazing opportunity to own this great investment property. Both units are rented on month-to-month basis. Rental Potential $2,500 each unit/Annual $60,000. Cap Rate 7.5%. or rent one apartment and live in the other. Won't last! This two family house has transportation right in front bus to Woodbridge Center, Close to Major Highways - GS PKWY and Route 9, NJ TRANSIT TRAIN to NYC in 35 to 40 Mins, TRAIN to Jersey Shores such as Belmar Beach, Bradley Beach, PT. Pleasant Beach, Asbury Park and more, Ferry starting in the end of 2022, Raritan Bay and Park, Restaurants and Shops, Schools and House of Worship. Each unit consists of 3 full size bedrooms, 1 bath, Laundry - washer & dryer,EIK, Living room, Dining Room, both units have central air. 2nd Floor has wood-like tiled floors, updated kitchen with stainless steel appliances, wood cabinets, updated bathroom. First floor has the same layout needs some update. Full basement with its own entryway. Concrete driveway for 2 cars. This property is eligible for 5.875% interest rate with no PMI for qualified buyers.
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Data last updated 2023-02-07T10:46:40.467.