Courtesy: BHHS FOX & ROACH
908-735-9700
BOTH UNITS AVAILABLE TO BE SEEN ON SATURDAY 1/25/25 1PM- 4PM. Perfect 2 unit for investors or a live in owner. This single detached building is a purpose built 2 unit, meaning its not a conversion which usually have chopped up layouts. This buildings layout flows nicely and the units are identical with separate entrances. Each is a 3 brm, 1 bath with living rm, dining rm a large Kitchen. The original wood doors and trim throughout the units is a welcome sight. The attic is a huge, full length and walk up attic. First floor is currently vacant and rents can be as high as $2100. 1st fl has new carpet and modern kitchen a remodeled bath and perfect for the live in owner. The basement is clean and has separate laundry hook ups for both units. Both units offer long patio's that are a welcome space for relaxation. A large 2 car garage is the cherry on top for the live in owner or additional income for the investor. Make no mistake, this building is clean, in great condition inside and out and conveniently located making it perfect for a live in owner or would be at the top of any investors portfolio. The first floor is currently for rent. Live in one unit and rent out the other.
Courtesy: KELLER WILLIAMS REAL ESTATE
610-867-8888
Discover an EXCEPTIONAL INVESTMENT OPPORTUNITY with this Beautifully Newly 2024 REMODELED 5-unit MULTI-FAMILY APARTMENT BUILDING. Ideally situated in DESIRABLE Alpha Boro, this apartment building features 3- 1 Bedroom, 1- 2 Bedroom and 1- 3 Bedroom apartments. With Modern Upgrades throughout, the building boasts a BRAND NEW ROOF, NEW WATER HEATERS, NEW carpet and LVP, updated baths, FRESH PAINT and contemporary kitchens complete with NEW CABINETS, COUNTERTOPS, and STAINLESS-STEEL APPLIANCES. The exterior shines with NEW VINYL SIDING, shutters, and a freshly painted block facade. Enjoy the benefits of a newly installed PAVER PATIO and a stone off-street PARKING LOT, providing ample parking for residents. Each apartment has its OWN ENTRANCE, ensuring privacy and independence. Separate electric meters make for easy management. Utilize the basement for additional storage or coin laundry to maximize profits! This TURNKEY investment property is ready for market-rate tenants, offering a hassle-free opportunity to capitalize on the thriving rental market. Don't miss out on this remarkable property that combines modern living with exceptional curb appeal!
Courtesy: REAL
855-450-0442
$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!
Courtesy: COLDWELL BANKER REALTY
908-782-6850
WOW! Now is your time to buy a fully turn key and well taken care of two family investment property. Featuring two large units- a two bedroom first floor apartment with basement storage and an upstairs three bedroom apartment with front and rear access. Both apartments have eat in kitchens and have been updated prior to each tenant moving in. This property has separate utilities including two gas boilers and water heaters. Enjoy the extensive list of upgrades within the last several years such as waterproofed basement, unit 1 boiler, stainless steel chimney liner, new water main, new outlets and switches and a LOT more. If you're looking to start or add to your investment portfolio, this property is an absolute MUST SEE!
Highest and Best due Monday 6pm. Dont miss this once-in-a-lifetime opportunity to purchase this large 3-family investment property! Two units are occupied by long term tenants with new leases in place. The third unit has been completely renovated & is now ready for you to either move into or rent out! Don't think twice about this one, it would be a great addition to your investment portfolio!! Call to schedule showing !
Phillipsburg is located in New Jersey. Phillipsburg, New Jersey has a population of 15,146. Phillipsburg is less family-centric than the surrounding county with 28.19% of the households containing married families with children. The county average for households married with children is 31.35%.
The median household income in Phillipsburg, New Jersey is $57,292. The median household income for the surrounding county is $85,163 compared to the national median of $69,021. The median age of people living in Phillipsburg is 40.3 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 47.5 inches per year, with 27.4 inches of snow per year.
