1604 State Route 27 Edison, NJ 08817
Other
MLS #: 2606621R
Courtesy Of Realty World America Agency, Inc.
Property InformationDescription
To land lease property for every 5 years. You will need a $500,000 deposit for a 25 yr. term with option to purchase every 5 years. Property currently has 2 residential rentals bringing in $3,600 a month revenue. 3rd retail space is owner occupied and is 1300 ft. has the probability of $5,000 a month rent with basement office. Currently is owner occupied portion has is own separate heat and utilities, tenants utilities are separate. Office has full basement suitable for storage and has a small area for conference room. Building taxes are $11,156.96. Parking can accommodate almost 27 cars. 1st fl.is currently an office, but would be suitable for Small Retail Space, Bubble Tea, Take Out Food, Check Cashing Service along with ATM Machine if necessary. Option to buy 6 building lots ready for construction. call Lou for details. You can put 3 electrical parking stations in parking lot of 1604 Route 27. This is a land lease. Purchase options available each 5 year lease period.
Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Appliance: Refrigerator
- Appliance: Range/Oven
- Building Units: 2
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Floor Covering: Wood
- Floor Covering: Carpet
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Baseboard
- MLSID: 2606621R
- Parking Spaces: 27
- Roof Type: Asphalt
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
MAP & DIRECTIONS
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