Property
Perth Amboy City, NJ 08861 97 Lewis St
$1,200,000
11 more
Presented By: RE/MAX LIFETIME REALTORS; 908-688-2828
Full/Half Baths • 0 / 6
SQFT • 5,135
Home Details
Calling all investors; this 5 Unit multi-family building is grossing over 100K annually. The interior has been renovated a year ago and the rents are slightly below market rates and has room for upside. Buyers must qualify for a commercial mortgage, hard money loan or CASH to purchase this property.The rentel leases are as follow: $1600 2b 2b, $2000 3b 1b, $2500 3b 1b, $1600 1b 1b, $1700 1b 1b
Presented By: RE/MAX LIFETIME REALTORS; 908-688-2828
Interior Features for 97 Lewis St
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath5
Num Units w/Half Bath
Half Baths6
Other Interior Features
Price Per Sq Ft255.00
Available Sq Ft5135
Num 3 Bdrm Units2
Num 2 Bdrm Units1
Num 1 Bdrm Units2
BasementUnfinished
FlooringWood
Fuel TypeGas-Natural
Total Stories3
General for 97 Lewis St
Cap Rate6.00
ConstructionWood
CoolingWindow A/C(s)
CountyMiddlesex
Days on Market44
Directionsmaps
Documents AvailableFinancial Statement, Income & Expenses, Leases
DriveOn-Street Parking
EasementUnknown
Equipment AvailableAppliances, Fire Alarm, Kitchen Area
Garage Spaces
Gross Income112800
Heating1 Unit
Leasable Area
LocationResidential Area
Net Operating Income788000
Num Apts5
Operating Expense34000
OwnerPaysMaintenance-Lawn, Sewer, Snow Removal, Trash Removal, Water
Percent OwnershipFee Simple
Possessionat closing
Prior UseApartment units
Property TypeApartment Complex
Property TypeApartment Complex
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameLewis St
Tax Annual Amount15696
Tax Assessed Value527600
Tax Lot15
Tax Year2022
Tenant PaysCable T.V., Electric, Heat, Hot Water
Total Units5
Town #2116
TownshipPerth Amboy City
UtilitiesAll Underground
Year Built1918
ZoningComercial
Exterior for 97 Lewis St
Building Area Total5135
Exterior DescriptionConcrete
Lot Dimensions50X100
Lot FeaturesCorner
Lot Size Acres0.11
Max Ceiling Height10
Max Door Height7
Number of Bays0
Number of Docks0
Total Parking0
Water SourcePublic Water
Additional Details
Price History
Dwayne Durham
Associate