Description
*Needs Work* 4-unit multi-family property located at 326-328 Elm St, Perth Amboy. The property is currently 50% occupied, with two units vacant. Projected market rents for renovated units in this area range from $2,000+ per unit. The building requires moderate interior renovations and is being sold in strictly "as-is" condition.The location provides access to downtown shopping, the waterfront district, and public transportation. 2025 annual taxes are $14,000. This asset offers a clear opportunity for a rental increase following the completion of unit updates. Buyer is responsible for the municipal Certificate of Continued Occupancy (CCO) and smoke certificate.
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10BEDS
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0.12ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
*Needs Work* 4-unit multi-family property located at 326-328 Elm St, Perth Amboy. The property is currently 50% occupied, with two units vacant. Projected market rents for renovated units in this area range from $2,000+ per unit. The building requires moderate interior renovations and is being sold in strictly "as-is" condition.The location provides access to downtown shopping, the waterfront district, and public transportation. 2025 annual taxes are $14,000. This asset offers a clear opportunity for a rental increase following the completion of unit updates. Buyer is responsible for the municipal Certificate of Continued Occupancy (CCO) and smoke certificate.
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Data last updated 2026-04-17T13:49:26.493.