Welcome to this magnificent 8 unit building with attractive cap rate, located in the heart of Downtown Rahway. This property is right around the corner from the Rahway Train Station and will have you into NYC in no time. This building is immaculate with very low maintenance, qualified tenants, and each unit features Granite Countertops, Upgraded Cabinets, and HVAC Heating and Cooling in each unit. This property was completely rehabilitated from the studs and also includes Brand New Vinyl Siding, Windows, Roof, Furnaces, Condensers, Hot Water Heaters, Plumbing, Electrical, Ceramic Tiles, and Vinyl Flooring. All renovations were completed with Architectural Plans, Drawings, Permits, and all Approved Municipal and Town Required Certificates and Requirements. Recent appraisal shows project evaluation of 2.2M.
3813391
Mixed Use, Other
Union
1870
0.2
Acres
Public
3
Vinyl Siding, Wood Siding
Public Sewer
6,875
Sq. Ft.
Downtown Rahway
Cable Available, Natural Gas Available
8 Total
Interior Features
- Flooring
- Vinyl
- Heating
- Gas Heat. .
- Basement
- Full, Unfinished, Walk-Out Access
- Security
- Smoke Detector(s)
Exterior / Lot Features
- Parking
- On Street.
- Exterior
- Vinyl
- Roof
- Asphalt
- Zoning
- 4C
- Additional Exterior/Lot Features
- Corner Lot.
Community Features
- Security Features
- Smoke Detector(s)
- Complex Features
- Smoke Detector(s)
Financial Considerations
Fee Simple
2913-00160-0000-00008-0000-
$33,700
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