21 Kearny Ave, Kearny, NJ 07032

Mixed use building 3 units &store & 2 residential units. Building,store & apartments in good shape. Low taxes. Store approx 400 sqft, open concept w/ceramic tile floors,half bath & kitchenette $900 m/m, 1st fl rear apart 4 rms, 2 bdrms, kitchen, living rm, Bath & laundry rented $1,100 m/m. 2nd & 3rd fl used together w/8 rms 3/4 bedrms, 2 baths,kitchen, living rm/dining rm combo & laundry rented $1775 m/m. Unfinished basement.All separate heat, hot water & utilities. Store has electric heat, apartments 2 separate gas hot water baseboard heat systems. 2 gas meters & 3 electric meters w/updated panels. Residential units tiled baths & laminate floors. Monthly gross: $3,775; $45,300 per year.Expense:Taxes: $8,790, Water $1,000,landscape & snow $1,500, Insurance $2,800. Approx Expense total $14,090. Approx net yearly income $31,210. Solid investment with approx 5.5 cap. Includes 2 refrigerators & 2 washers/dryers.20 min walk to PATH station, #30 bus to Newark at corner! No rent control