66 Mechanic Street
66 Mechanic Street Red Bank, New Jersey 07701 United States

$1,100,000
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Top tier rental property located 1 block from Downtown Red Bank on the highly coveted East Side. This property has been recently renovated and is the perfect turn-key investment. Financials available in the documents section of the listing. Fully...
$1,100,000
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7
Bedrooms
3
Full Baths
2,638 Sq Ft.
Interior
Multi-Family Homes
Property type
1970
Year Built
22123620
Web Id
22123620
MLS ID
Red Bank Regional
School District
Red Bank Prm
Elementary
Red Bank
Middle
Red Bank Reg
High
5
days ago

About 66 Mechanic Street

Top tier rental property located 1 block from Downtown Red Bank on the highly coveted East Side. This property has been recently renovated and is the perfect turn-key investment. Financials available in the documents section of the listing. Fully rented property with tenants in place with multi year leases. Rent roll is $74,400 a year with tenants paying all utilities. NOI - $62,222!! This property is the ideal property for an investor to make money with no work needed to be done. This home features 2 units. First floor consists of 4BR and 2 baths with a huge basement with washer and dryer. Second floor consists of 3Br and 1 bath with laundry in unit as well. Turnkey investment opportunity that will make you money from day one!

PROPERTY INFORMATION

Basement
Full, Partial Finished
Heating
Natural Gas
Parking Description
Assigned, Off Street, Paved
Sewer
Public Sewer, Public Water
Waterfront
No

INTERIOR

Flooring
W/W Carpet, Wood

ADDITIONAL INFORMATION

ANNUAL PROPERTY TAX
$10, 878
Listed by RE/MAX Real Estate LTD.

RE/MAX Real Estate LTD.

Listed by RE/MAX Real Estate LTD.
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