621-625 S Main St
Phillipsburg Town, NJ 08865
Price: $995,000
GSMLS: 3900257Type: Multi-Family
Style: 3-Three Story, Fourplex
Total Units: 4
Beds: 12
Baths: 4 Full
Garage: No
Year Built: 1925
Acres: 0.00
Property Tax: $8,000
Description
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!!!
General Info
Style:
3-Three Story, Fourplex
SqFt Building:
n/a
Total Rooms:
40
Basement:
Yes - Unfinished
Interior:
Blinds, Carbon Monoxide Detector, Drapes, Fire Extinguisher, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Roof:
Composition Shingle
Exterior:
Brick
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Gravel, On-Street Parking, Parking Lot-Exclusive
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
10
Room Description:
Attic, Bedrooms, Dining Room, Family Room, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
10
Room Description:
Attic, Bedrooms, Dining Room, Family Room, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
10
Room Description:
Attic, Bedrooms, Dining Room, Family Room, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
10
Room Description:
Attic, Bedrooms, Dining Room, Family Room, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
Cent Register Heat
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
n/a
Water:
n/a
Sewer:
n/a
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Warren
Town:
Phillipsburg Town
Neighborhood:
n/a
Financial Considerations
List Price:
$995,000
Tax Amount:
$8,000
Land Assessment:
$0
Build. Assessment:
$0
Total Assessment:
$75,000
Tax Rate:
0.00
Tax Year:
2023
Listing Information
MLS ID:
3900257
List Date:
05-06-2024
Days On Market:
13
Listing Broker:
REAL
Listing Agent:
George E. Mikhael
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
