22 Lewis St Unit #5, Eatontown, NJ 07724

Property Description

AN INVESTMENT PROPERTY !!! ,Strip center with 5 commercial tenants such as Pizza restaurant : NEW TENANT JUST SIGNED WITHIN 6 MONTHS AGO FOR 10 YEARS ,$2,500.00/ monthly rent , and It's being redecoratedvery newly now, Electronic smoke( Cigar & Cigarette Accessories.... ): $2,400.00/ monthly rent, NEW TENANT SIGNED 4 MONTHS AGO FOR 15 YEARS,. Hair Salon :$1,020.00 /monthly rent , TENANT HAS BEEN HERE FOR LONG TIME SO MONTH TO MONTH, the landlord can obtain a new tenant whenever this tenants inform the lkandlord NO EXTEND LEASE. Dry Cleaner : $1,550.00 /monthly rent, TENANT HAS BEEN HERE FOR LONG TIME AND renew for another for 10 years when 1 remaining lease expires, ( Drop Shop , business owner send out all clothes to big dry cleaner store ,they don't do here ) without machine , Unit 5 : 1,500.00/ monthly rent , dance studio , Municipal parking lot for 50 Cars , parking lot is belong to Township so township will be responsible for cleaning , real estate tax & insurance , removal snow , all expenses. ( Everyone can use parking lot , NOT BELONG TO THE SELLER) , great opportunity for stable income, seller wants to sell because health issue ,Several national franchise around here including Mcdonald , 7-11 convenient store... , very crowd and busy area and city downtown , most tenant have been here for years, MUST SEE!!! , Annual gross rental income is $105,240.00 and all expenses:$21,000.00 so NET ANNUAL RENTAL INCOME IS $84,240.00