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20 Mechanic St, Somerville, NJ 08876

$535,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 12 days ago
20 Mechanic St, Somerville, NJ 08876 View this property at 20 Mechanic St, Somerville, NJ 08876
20 Mechanic St Somerville NJ 08876

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.

Full Property Details for 20 Mechanic St

  • Price: $535,000
  • Taxes: $11,198 (2015)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 3343368
  • Updated: 1/11/2017
  • Added: 102 day(s) ago

Property History

  • 20 Mechanic St, Somerville, NJ
  • Listed at $535,000 on 10/14/16

Interior

  • Number of Rooms: 14
  • Interior Features: Smoke Detector, Carbon Monoxide Detector

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Curbs

Parking

  • Total Spaces: 6

Location

  • County: Somerset

School Information

  • Elementary School: VAN DEVEER
  • High School: SOMERVILLE

Heating & Cooling

  • Cooling Type: Window Air Conditioning
  • Heating Type: RdtrHotW, 3Units
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer, Sewer Charge Extra
  • Water: Water Charge Extra, Public Water
  • Utility Description: Cable TV Available, Garbage Included, Electric, Natural Gas

Structural Information

  • Architectural Style: 2 Story, Triplex
  • Construction Status: Approximate
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Roof: Asphalt Shingles
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Kitchen, Bedrooms, Living Room
  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Kitchen, Bedrooms, Living Room
  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Attic, Kitchen, Bedrooms, Living Room
  • Level: 2
  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Dimensions: 66 x 125
  • Driveway/Sidewalk: 1 Car Width, Driveway (Exclusive), Off-Street Parking

Financial Considerations

  • Assessment Amount: $343,400
  • Land Assmt: $113,800
  • Tax Amount: $11,198
  • Tax Year: 2015

Listed by KELLER WILLIAMS TOWNE SQUARE REAL

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Estimate the Cost

20 Mechanic St will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

20 Mechanic St, Somerville, NJ 08876 (MLS# 3343368) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 20 Mechanic St is currently listed for $535,000 and was received on October 14, 2016. Want to learn more about 20 Mechanic St? Do you have questions about finding other Multi-Family real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.

Listed by KELLER WILLIAMS TOWNE SQUARE REAL

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