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Multifamiliar (2-4 unidades)Número de MLS: #3922112
$1.05M property is on sale for only $886,900! Fantastic investment opportunity in the heart of Phillipsburg, NJ! This legally recognized 5-unit property offers exceptional value with an impressive 8% cap rate. Situated on a spacious lot on S Main St, the property consists of two buildings on one tax record: one with 3 units and the other with 2 units. All units are currently 100% occupied, with some tenants on Section 8, providing steady rental income.One standout feature is the recently renovated unit, which boasts 4 legal bedrooms and a finished attic that can be converted into a 5th bedroom, further enhancing the property's value. This building includes (1) 1bed, (2) 2bed, (1) 3 bed, (1) 4bed units. Tenants cover their own utilities, including water, making for a hassle-free investment. Monthly gross income is $7825, annual gross income is $93,900. Annual property taxes are $13,200 and property insurance is $5500. The property benefits from affordable real estate taxes and has recently been appraised at $1.05M as-is. With potential to increase rents to match market rates, this cash-flowing asset is an ideal opportunity for savvy real estate investors. Don't miss out on this unique chance to own a multifamily gem in a growing area!Características de la propiedad
Amenidades: | Puerto |
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Equipamiento: | Horno - a gas, Cocina |
Estilo arquitectónico: | Otro |
Tipo de fachada exterior: | Revestimiento de aluminio |
Sistema de calefacción: | Agua caliente, Losa radiante con agua caliente, Radiante |
Área del lote: | 0.23 Acres |
Tipo de tejado: | Asfalto |
Habitaciones: | Subsuelo, comedor, Sala de estar, Cocina, Living |
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Escuela primaria
PHILIPSBURG PRIMARY SCHOOL
0.6
MillasVer detalle
PHILLIPSBURG EARLY CHILDHOOD LEARNING CENTER
0.6
MillasVer detalle
Escuela secundaria (ciclo básico)
PHILLIPSBURG MIDDLE SCHOOL
1.4
MillasVer detalle
Escuela secundaria (ciclo superior)
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Phillipsburg Elementary School | 0.6 mi | Public | 3-5 | C- |
Saints Philip & James School | 1.4 mi | Private | PK-8 | |
Alpha Borough School | 1.4 mi | Public | PK-8 | B+ |
Easton Arts Academy Elementary Charter School | 1.9 mi | Public | KG-5 | D+ |
Lopatcong Elementary School | 1.9 mi | Public | PK-4 | B- |
Francis A. March Elementary School | 2.0 mi | Public | KG-5 | C |
Ada B. Cheston Elementary School | 2.1 mi | Public | KG-5 | D+ |
Pohatcong Township School | 2.3 mi | Public | PK-8 | B |
Phillipsburg High School | 2.4 mi | Public | 9-12 | C- |
Lopatcong Township Middle School | 2.5 mi | Public | 5-8 | A- |
Paxinosa Elementary School | 2.6 mi | Public | KG-5 | C- |
Greenwich Elementary School | 2.8 mi | Public | PK-5 | C+ |
Forks Elementary School | 3.0 mi | Public | KG-5 | C |
Shawnee Elementary School | 3.1 mi | Public | KG-5 | B |
St Jane Frances De Chantal School | 3.2 mi | Private | PK-8 | |
Easton Area Middle School | 3.2 mi | Public | 6-8 | D- |
Goddard School | 3.3 mi | Private | PK-KG |