Property
Rahway City, NJ 07065 273 E Grand Ave
$799,000
19 more
Presented By: BROOKMAN REALTY; 908-477-5500
Full/Half Baths • 0 / 4- SQFT • 4,500
Full/Half Baths • 0 / 4
SQFT • 4,500Home Details
Beautiful mixed use property. Has a finished attic with full bathroom that could possibly bring in extra rent. Many renovations to the bathrooms and house in general. Makes close to 8,000 a month and can easily make 8500 raising the rents. Seller is moving out of state so take advantage of this discounted price. This house is a gold mine with long term tenants and great income. Come check it out and make an offer. Seller is motivated. This property is good for 1031 exchange and also can qualify for an FHA loan with only 3.5% down.
Presented By: BROOKMAN REALTY; 908-477-5500
Interior Features for 273 E Grand Ave
Bathrooms
Half Baths4
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft4500
Num 2 Bdrm Units3
Num 1 Bdrm Units1
BasementPartial, Unfinished
FlooringLaminate, Vinyl-Linoleum, Wood
Fuel TypeGas-Natural
Total Stories3
General for 273 E Grand Ave
ConstructionWood
CoolingWindow A/C(s)
CountyUnion
DirectionsRoute 1 south make right onto East Grand.(four blocks)
Documents AvailableIncome & Expenses, Leases
Drive2 Car Width, Additional Parking, Blacktop, Parking Lot-Exclusive
EasementNo
Equipment AvailableFire Alarm, Kitchen Area, Smoke Detector
Farm AssessmentNo
Gross Income84000
Heating3 Units, Baseboard - Hotwater
Leasable Area1200
Lease IncludesSewer, Taxes, Trash Removal, Water
Lease Information1 Year Minimum, Month-To-Month
Lease TypeGross
LocationCorner, Freestanding, Residential Area
Net Operating Income70000
Num Apts2
Number Of Units Total3
Operating Expense14000
OwnerPaysMaintenance-Common Area, Maintenance-Lawn, Snow Removal, Water
OwnershipFee Simple
Permitted Usemixed use
Possessionupon closing
Property TypeMixed Use, Store With Apartment
Property TypeMixedUse
RoofAsphalt Shingle, Flat
ServicesCable TV Available, Garbage Included
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11670
Tax Assessed Value159200
Tax Lot1
Tax Year2023
Tenant PaysElectric, Gas, Heat, Hot Water
Town #2913
TownshipRahway City
UtilitiesGas-Natural
Utilities Paid ByTenant
Year Built1900
Zoningcommercial
Exterior for 273 E Grand Ave
Building Area Total5500
Exterior DescriptionVinyl Siding
Lot Dimensions93X74
Lot FeaturesCorner, Level Lot
Lot Size Acres0.10
Max Ceiling Height8
Max Door Height7
Number of Bays0
Number of Docks0
Number of Doors1
Total Parking4
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner