1361 Saint Georges Ave Active

Rahway City,NJ 07065

$ 955000

- Bed

- Bath

2403 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,403 sqft

Price per Sqft $397

MLS Listing ID 3930441

Year Built 1900

Annual Tax Amount $21,891

Tax Year 2024

Lot Size 8,712 Sqft

Property Description

This Property makes Money! Currently over $85,000 net per year, with built-in increases .Solid long term tenant pays all expense under a triple net lease. Tenant has 5 year options till 2043. Professional Building totally renovated in 2011, 2 zone central air and gas heat, parking for 10, includes,1 handicap space, UVAngel air infiltration system, Ideal return for investors! 8.9 Cap Rate. Storage areas-Basement -10x15, 2nd flr-20x10, 3rd flr-10x10

Location

State NJ

County Union

Zoning R-2

Rooms

Basement Storage, Unfinished

Interior

Heating Gas-Natural

Cooling 2 Units, Central Air

Flooring Carpeting, Tile, Vinyl-Linoleum

Equipment Fire Alarm, Fixtures, Restrooms - Private, Security System, See Remarks, Sign - Freestanding, Smoke Detector, Storage Area(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, Vinyl Siding

Garage Spaces 10.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer, Sewer Charge Extra

Water Public Water

Others

Ownership Fee Simple

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