Property Price
$1,460,000
Bathrooms
2
Tax Annual Amount
$28152
Lot Size Area
0.102
MLS Status
Active
MLS #
2513691R
Seize a rare investment opportunity at 303-309 Maple St, a 5-unit mixed-use building located in the heart of downtown Perth Amboy and in an Opportunity Zone. This property offers a perfect blend of stable commercial income and spacious residential units, ideal for investors seeking returns in a vibrant urban setting. Key Features: Three commercial units with stable, long-term leases, providing consistent cash flow Two oversized 2-bedroom apartments, offering spacious layouts and strong rental potential Prime downtown location, steps from shops, restaurants, train and waterfront attractions Situated in a designated Opportunity Zone, unlocking significant tax benefits Close to public transportation, major highways, and Perth Amboy's bustling business district Well-maintained building with modern amenities and strong curb appeal. Annual rent is $136,260 a year. Water/Insurance/Maintenance $15,000. NOI $95,440. This is currently listed at a 6.54% cap rate. This property combines reliable commercial tenants with high-demand residential units. Don't miss your chance to own a versatile asset in a prime location with exceptional financial upside. Schedule a showing today!
Days On Market
65
Lot Size Dimensions
101.00 x 44.00
