462 Compton Avenue
Perth Amboy, NJ 08861

Great investment property- three- 3 bedroom "legal" apartments for all three apartments. Total monthly income for the three leases is $5018. Long term tenants (approximately 5 years for each) who would like to stay. Many upgrades to the property including a re-roof within 1 year, vinyl siding, and excellent living spaces for all three apartments. The bathrooms and kitchens have been updated (the second floor bath tub will be replaced by the current owners). The current owners and tenants have maintained the property and the apartments very well. Great location only 2 blocks from the Raritan Bay Medical Center of Perth Amboy. Great neighborhood. Close to the train and bus lines for commuters and close to shopping. The only reason the owners are selling is that they are retiring and moving. The current tenant/landlord relationship is excellent. Water and sewer is currently paid by the owners. Underground oil tank recently removed with all EPA paperwork completed.