$995,000
Active
13 Days Online
12 Beds4 Baths0 SQFT
Active

621 S Main St Phillipsburg Town, 08865

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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!!!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyWarren
  • Taxes$8,000
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive
  • MLS ID Number3900257
  • Home Size Source N/A
  • Year Built1925
  • Lot Size Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Parking 1 Car WidthGravelOn- Street ParkingParking Lot- Exclusive
  • Basement Unfinished
  • Property Sub Type Multi Family
  • Attached Garage No

Interior Features

  • Cooling Wall A/ C Unit(s)
  • Heating Heat Source: Gas- NaturalHeating Type: Cent Register Heat
  • Interior BlindsCarbon Monoxide DetectorDrapesFire ExtinguisherSmoke DetectorTile FloorsWalk-In ClosetWood Floors

Exterior Features

  • Roof Composition
  • Exterior Open Porch(es)

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Monthly Payment (Est.)

$5,307
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