Don Rowley - Coldwell Banker Hearthside
154 Hudson St #156
Phillipsburg Town, NJ 08865

Description

The perfect investment property in Phillipsburg. This building has 5 current units 2 on the first floor that are set up to be a mini-mark and a barber shop and 3 additional units on the second floor. The second floor offers income producing apartments 2 of which are 3 bedroom and 1 is a 2 bedroom. Where the real potential lies though is the third floor. The third floor had a previous use of a conference hall. Now to has the potential to be 2-3 more apartments. With this floors extra high ceilings and new windows it would make the perfect space for amazing lofts to add additional income. Projected cap 10.16% with third floor apartments projected cap is 16%.

Details

MLS#3510328
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site29

Features

SQ Feet3,500
Story(s)3
Units5
ZoningR-50

Additional Information

Annual Tax Amount12483
Assesed Tax Valuation315000
Tax ID3.963
Tax Rate2017

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Area Information

StateNJ
CountyWarren
CityPhillipsburg Town
Zip Code08865
AreaWarren
Listing VS Median (in 08865)
Price:
$500,000
low | high
Med:
$159,900
100% of Average
SqFt:
3,500
low | high
Med:
2,212
86.8% of Average
$ / SqFt:
$143
low | high
Med:
$72
99.398734177215% of Average
On Site:
29
low | high
Med:
76
38.157894736842% of Average
Listing Updated: 11/16/2018
MLS Number: 3510328
Listing Provided By:
HEWITT PETER  of  KELLER WILLIAMS REAL ESTATE