Excellent investment opportunity! Income-producing legal triplex offering nearly 3,000 square feet of living space and featuring three spacious 4-bedroom, 2-bathroom units. Two units are currently occupied and generating immediate rental income with leases in place at $2,500/month and $2,450/month, both extending for approximately another year. Two of the units have been extensively renovated, offering updated finishes and strong tenant appeal. The third unit requires a complete renovation, presenting significant upside potential for investors seeking to increase cash flow and value. Situated on a large lot with commercial zoning, this property offers flexibility and future development possibilities. Whether you're looking to expand your portfolio or capitalize on a value-add opportunity, this property delivers both current income and long-term potential.
This is a once in a lifetime opportunity. Not only are you getting a cash flowing property but 12 acres of land as well. If you are looking to build your real estate portfolio or house hack you have found your property in the highly desired Williamstown NJ. One property is rented out and the other being vacant. There are 2 separate properties that are both 2 bd 1 bath ranchers that gives you endless opportunities for this property. This will not last long so make sure to schedule a showing now!! Please also not first property has a bad septic that will need to be replaced. Quote for replacement can be provided upon asking.
Prime Main Street location with ample parking in downtown Williamstown! This three-story property offers over 5,000 square feet of rentable space. The first floor boasts 3,000 square feet of professional office space. The second floor has two apartments. Office units have separate access from the exterior of the building as well as from the common hall entrance which also leads to the oversized stairway leading to the two one-bedroom apartments. The two units have the same floor plan including private walk-up access to the third floor with two storage rooms for tenant use, one newly renovated. Each unit has one bedroom, kitchen, bath, and living area. Apartments are on separate gas and electric meters from the offices. Parking currently for over 8 cars. Property does extend 251 feet in depth allowing a large area for expansion or more parking. Great large building and property with many possibilities.
Williamstown is located in New Jersey. Williamstown, New Jersey has a population of 14,947. Williamstown is more family-centric than the surrounding county with 37.13% of the households containing married families with children. The county average for households married with children is 32.18%.
The median household income in Williamstown, New Jersey is $85,302. The median household income for the surrounding county is $93,208 compared to the national median of $69,021. The median age of people living in Williamstown is 40.8 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 46 inches per year, with 18.6 inches of snow per year.
