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71 E RAILROAD AVE Jamesburg, NJ 08831
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Key Details
Sold Price $439,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2503922R
Sold Date 11/26/24
Year Built 1930
Annual Tax Amount $10,041
Tax Year 2023
Lot Dimensions 122.00 x 26.00
Property Sub-Type 2 Family
Source CJMLS API
Property Description
This property is a fantastic income generator with a strong rental history. All units, including the storefront, are fully leased, producing an annual rental income of $39,000. It also boasts a full basement offering ample storage space and is outfitted with three separate HVAC systems, water heaters, and electrical services. Tenants cover all utilities, with water costs split three ways. Located in a prime area, this is a solid investment opportunity.
Location
State NJ
County Middlesex
Rooms
Other Rooms Shed(s)
Basement Full, Exterior Entry, Storage Space, Tenant Use
Interior
Interior Features Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(1 Bath, See Remarks)
Heating Forced Air
Cooling A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central), Unit 3(A/C Central)
Appliance Water Heater(Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Refrigerator)
Heat Source Natural Gas
Exterior
Exterior Feature Storage Shed, Yard
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt
Handicap Access Unit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features
Building
Lot Description Near Shopping, See Remarks
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 80003400003
Ownership See Remarks
Energy Description Natural Gas
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