729 Cortlandt St - Apartments FOR SALE


Perth Amboy, NJ 08861
$630,000 USD
908-668-9600
729 Cortlandt St, Perth Amboy, NJ for Sale
$630,000 USD
Apartments - FOR SALE
1/7
null | 6.08% Cap Rate

729 Cortlandt St
Perth Amboy, NJ 08861


OVERVIEW

Investment opportunity: a 3-unit multifamily property featuring two 1BD/1BA units and one 2BD/1BA unit. This value-add property offers significant potential as current rents are below market rates, allowing for increased cash flow with rent adjustments. Tenants are responsible for their own gas and electric, reducing owner expenses. Ideal for investors looking to capitalize on a property with upside potential.

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

3

PRICE/UNIT

$210,000

CAP RATE

6.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R-25

APN/PARCEL ID

16-00363-0000-00013

ASK ABOUT THIS PROPERTY

Alan WalkerJeffery RealtyMore Info
908-668-9600

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Alan WalkerJeffery RealtyMore Info
908-668-9600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.