520 Johnstone Street, Perth Amboy NJ 08861, 1216 - Perth Amboy, NJ 08861
- $495,000
- 2
- BA
- 1,260
- SqFt
- List Price
- $495,000
- Days on Market
- 16
- Status
- ACTIVE
- MLS#
- 2700956R
- Bathrooms
- 2
- Living Area
- 1,260
- Lot Size (Acres)
- 0.0287
- Year Built
- 1909
Property Description
520 Johnston St, Perth Amboy, NJ 08861 Investment Opportunity Turnkey two-family in the heart of Perth Amboy a true set-it-and-forget-it income property. Two spacious 2-bedroom apartments, both occupied by long-term tenants currently on month-to-month leases, giving you immediate cash flow with the flexibility to restructure terms, or take possession of a unit. The standout feature for investors: tenants pay all utilities, including water. That means minimal operating expenses and a clean, predictable NOI a rarity in multi-family at this price point. Location works in your favor. Perth Amboy's waterfront district continues to attract renters, with the NJ Transit station, Route 35, and the Garden State Parkway all close by, plus quick access to NYC. Steady rental demand, strong tenant retention, and a market that keeps appreciating. Whether you're adding to a portfolio, buying your first multi-family, or looking to house-hack one unit while the other pays the mortgage, this is a straightforward, low-maintenance investment worth a serious look. Call today for rent roll and expense details.
Additional Information
- Area
- 1216 - Perth Amboy
- Basement Desc
- Full, Exterior Entry, Interior Entry
- Utilities
- Underground Utilities
- Taxes
- $6,934
- Exterior
- Porch(es) - Open, Porch
- Lot Size
- 1,250
- Parking Driveway
- On Street
- Lot Description
- Corner Lot
- Water
- Public
- Basement
- Yes
- Levels
- 2
- Heat Fuel
- Baseboard, Central
- Cooling
- A/C Wall Unit(s),A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
- Water Sewer
- Public Sewer
- Interior
- Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
- Rooms
- 8
- Roof
- Flat
- Stories
- 2
- Show Address
- Yes
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Listing courtesy of RE/MAX INNOVATION.
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