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About This Home
This 0-bedroom, 5-bathroom residential multi family at 361 Prospect Street in Perth Amboy, NJ is listed for $1,075,000 ($375 per sqft). Built in 1903, the home offers 2,868 sqft of living space on a 0.12 acres lot.
Investor special! High-yield 3-family property in Perth Amboy offering exceptional cash flow at an attractive entry price. Property highlights: (3) Income-generating units (including a large 4-bedroom) (3) garages for added revenue Tenants pay all utilities = low expenses With $99K gross income and $86K NOI, this deal presents a rare opportunity to secure an 8% cap rate in a growing market.
Ideal for: Investors seeking maximum cash flow Value-add buyers looking to increase rents over time Seller open to seller financing. Shared Driveway. AS IS, Buyer is responsible for CO. *Some photos are virtually enhanced)
Key Features
- Built in 1903
- 0.12 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$5,749/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
361 Prospect Street
Perth Amboy, NJ 08861
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 5-bathroom residential multi family at 361 Prospect Street is listed at $1,075,000 ($375/sqft). The estimated monthly payment is $4,658 based on 20% down at 6.5% interest.
Key features include: Built in 1903, 0.12 acre lot, 2 stories. Interior Features: Unit 1(2 Bedrooms, Kitchen, Living Room. Exterior Features: Patio, Porch(es) - Enclosed, Porch.
This property is listed by Peter Boutros and can be reached at (866) 201-6210 or peter@stunningnjhomes.com.