621-625 S Main St
Phillipsburg Town,
NJ
08865
Property Details
List Price: |
$995,000 |
Beds: |
12 |
Baths: |
4 |
Status: |
Pending |
SqFt: |
-- |
Agency: |
Real Broker LLC |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1925 |
Notes: |
Investment Opportunity on Main Street, Phillipsburg, NJ.Welcome to a prime investment opportunity nestled in the heart of Phillipsburg, NJ, where convenience meets comfort! 4 units each unit has 3 bed/1bath with fully finished attic and unfinished basement. Located right on S Main St, this multifamily property offers unparalleled accessibility to schools, shopping centers, and all the town amenities one could desire.Fully Renovated: This three-story gem boasts modern upgrades throughout, featuring three spacious bedrooms, a sleek bathroom, and a finished attic space that can easily serve as a fourth bedroom or an office/gym/den or multipurpose space. New windows in some of the units, brand new water heater in one of the units. Each unit comes with its own designated parking space. 100% occupied with tenants. Why Invest Here?Cash Flow King: With its fully occupied status and prime location, this property promises a lucrative return on investment, ensuring your money works hard for you.Rare Gem: Opportunities like this don't come often! Seize the chance to own a piece of Main Street real estate, where demand is high and vacancy rates are low.Tax-Friendly: Enjoy the benefit of low real estate taxes, maximizing your profits and minimizing your expenses.Don't miss out on this exceptional investment opportunity that promises both immediate returns and long-term appreciation. Gross annual rental income $97,500 & only $8000 in taxes!!! |
MlsNumber: |
3900257 |
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Listing Provided By: |
Real Broker LLC, original listing |
Name: |
Real Broker LLC |
Office Name: |
REAL |
Office Phone: |
(855) 450-0442 |
Agent Name: |
GEORGE E. MIKHAEL |
Disclaimer: |
Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |