288 Oak Street, Perth Amboy, NJ 08861

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Active Under Contract

$719,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1909

Full Baths

Half Baths

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Back on Market. Buyer couldn't perfom. This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package). Unit 1 has 2 bedrooms, 1 bath. Tenant in place for years Month 2 Month lease. Rent: $1,300 per month (market value: $2,200-$2,300 per month). Month-to-month lease (not renovated due to current tenancy. Unit 2 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. Lease expires July 31. Unit 3 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. On a lease till July 31. Details Sale price: $719,000. All units pay their own water Landlord pays only taxes and insurance. Buyer responsible for Certificate of Occupancy (CO) (286 Oak is also for sale. 2 family attached to 288 Oak. Fully rented)

Location
Subdivision	-
County	Middlesex
Elementary School	-
Middle School	-
High School	-

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MLS number: 2510014R

Listing agent: Karim Ramos

Listing broker: Remax First Realty Ii (908) 664-1500

Last update: Tuesday, March 25 2025 at 6:01 p.m. EDT

Kotohomes National