$1,400,000
Active
7 Days Online
0 Beds13 Baths3,221 SQFT
Active

68 Bartholdi Ave Butler Boro, 07405

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Don't miss this exceptional investment opportunity! Presenting a 13-unit "bed & breakfast" house zoned as a rooming house, ideal for steady rental income. Nestled in a prime location, this property boasts twelve 1-bedroom, 1-bathroom units, each designed for comfortable living. The 13th unit is a spacious manager's apartment, featuring a full kitchen, full bathroom, dining room, and a cozy living room for on-site management. The basement is a communal hub, equipped with a well-appointed kitchen including multiple fridges, upright freezers, microwave, toaster, and Keurig machine, encouraging a sense of community among tenants. Additionally, the basement houses convenient laundry facilities, ensuring hassle-free living. With its mix of private and shared amenities, this rooming house is tailored to meet the needs of various tenants, from young professionals to students. The property promises not only a consistent rental income but also low vacancy rates due to its versatile appeal. Seize this rare chance to invest in a property that combines the best of individual and communal living spaces. Whether you're a seasoned investor or new to the real estate market, this 13-unit rooming house offers a unique and profitable opportunity. Act now and secure your future with this promising investment. This property is bringing in nearly 170k in net profit per year.

  • Property TypeCondo
  • NeighborhoodN/A
  • CountyMorris
  • Taxes$16,598
  • HOA/Condo/Coop Fees$0
  • Days on Site6 Days
  • MLS StatusActive
  • MLS ID Number3907102
  • Home Size Source N/A
  • Year Built1902
  • Lot Size0.23 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Vertical Siding
  • Parking AssignedBlacktopParking Lot- Exclusive
  • Sewer Public Sewer
  • Basement FinishedFull
  • Number of Stories 2
  • Acreage 0.23
  • Water Public
  • Property Sub Type Apartment
  • Zoning Residential

Interior Features

  • Cooling 2 UnitsMulti- Zone Cooling
  • Heating Heat Source: Gas- NaturalHeating Type: 2 UnitsForced Hot Air
  • Flooring CarpetingTile

Exterior Features

  • Roof Asphalt
  • Lot Corner

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Monthly Payment (Est.)

$7,414
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