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20 Mechanic St

Somerville Boro, NJ 08876
  • $535,000
  • STATUS: Active
  • ON SITE: 186 days
  • MLS #: 3343368
$535,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
High School:

Description

Great investment opportunity with a monthly rent roll of $4,670.00 this is a cash cow. Unit A is a first floor 2 bed 1 bath with a galley kitchen and living room (Refrigerator belongs to the tenant). Unit B is also a first floor 2 bed 1 bath with a galley kitchen and a living room. Unit C is a large second floor apartment featuring 4 bedrooms, kitchen and living room. Each unit has a single full bath room featuring a tub/shower combo. Bring your investors the return on investment numbers work for this property. Separate utilities 3 gas meters and 4 electric meters (1 for landlord in common areas). Laundry hook ups in the basement. **Landlord to pull out concrete driveway and replace with crushed stone** Gross rent roll over $56,000 a year.



© 2017 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2017-04-22T22:57:54.89.
www.gardenstatehomesearcher.com/homes/67365406

20 Mechanic St Somerville Boro, NJ 08876

  • Price: $535,000
  • Status: Active
  • MLS #: 3343368
8
Beds
3
Baths
0
½ Baths
0.19
Acres
1900
Built
County:
Somerset
Area:
Somerville Boro
Elementary School:
Van Deveer
High School:
Somerville
Property Description
Great investment opportunity with a monthly rent roll of $4,670.00 this is a cash cow. Unit A is a first floor 2 bed 1 bath with a galley kitchen and living room (Refrigerator belongs to the tenant). Unit B is also a first floor 2 bed 1 bath with a galley kitchen and a living room. Unit C is a large second floor apartment featuring 4 bedrooms, kitchen and living room. Each unit has a single full bath room featuring a tub/shower combo. Bring your investors the return on investment numbers work for this property. Separate utilities 3 gas meters and 4 electric meters (1 for landlord in common areas). Laundry hook ups in the basement. **Landlord to pull out concrete driveway and replace with crushed stone** Gross rent roll over $56,000 a year.
Exterior Features

Driveway Description 1 Car WidthDriveway-ExclusiveOff-Street Parking Exterior Curbs Garage Capacity 0 Lot Size 66X125 Parking Available 6 Roof Asphalt Shingle Siding Vinyl Siding Unit Style 2-Two StoryTriplex

Interior Features

Basement Yes Basement Description UnfinishedFull Cooling System Window A/C(s) Heat Source Gas-Natural Heat System Radiators - Hot Water3 Units Interior Smoke DetectorCarbon Monoxide Detector Room Count 14 Unit1 Appliances Equipment Carbon Monoxide DetectorSmoke DetectorRange/Oven - GasKitchen Exhaust Fan Unit1 Baths 1.0 Unit1 Beds 2 Unit1 Fireplaces 0 Unit1 Levels 1 Unit1 Room Description KitchenBedroomsLiving Room Unit1 Rooms 4 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorSmoke DetectorRange/Oven - GasRefrigeratorKitchen Exhaust Fan Unit2 Baths 1.0 Unit2 Beds 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description KitchenBedroomsLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorKitchen Exhaust Fan Unit3 Baths 1.0 Unit3 Beds 4 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description AtticKitchenBedroomsLiving Room Unit3 Rooms 6 Unit3 Sq Ft 0 Unit4 Baths 0.0 Unit4 Beds 0 Unit4 Fireplaces 0 Unit4 Levels 0 Unit4 Rooms 0 Unit4 Sq Ft 0

Property Features

Expenses Include Cold WaterInsuranceTaxes Expenses Operating 13716 Fha Age Restriction No Income Gross Operating 56532 Income Net Operating 42816 Possession As Per Agree Services Cable TV AvailableGarbage Included Sewer Public SewerSewer Charge Extra Tax Amount 11198 Tax Rate 3.334 Tax Year 2015 Unit1 Handicap No Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit1 Rent 1466 Unit1 Security Deposit 1842 Unit2 Handicap No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit2 Rent 1450 Unit2 Security Deposit 2175 Unit3 Handicap No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1795 Unit3 Security Deposit 2692 Unit4 Rent 0 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Warranty No Water Water Charge ExtraPublic Water Water Heater Gas Year Built Description Approximate

Listing information © 2017 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Towne Square Real.


© 2017 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2017-04-22T22:57:54.89.
The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067