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621-625 S Main St
Phillipsburg Town NJ 08865-3117 US

$995,000

Pending Listing ID 3900257
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12 bed
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4.00 Bath (4 Full Bath)
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Other

$995,000

Pending Listing ID 3900257
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621-625 S Main St 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!!!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Exterior Finish: Open Porch(es)
  • Roof Type: Composition, Shingle
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 995000
  • unparsedaddress: 621-625 S Main St
  • postalcity: Phillipsburg Town
  • stateorprovince: NJ
  • country: US
  • postalcode: 08865-3117
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.6834327728917
  • longitude: -75.1841841638088
  • listagentfullname: GEORGE E. MIKHAEL
  • listagentkey: 3yd-GSMLSNJ-405155
  • listagentmlsid: 405155
  • listagentofficephone: 8554500442
  • listofficekey: 3yd-GSMLSNJ-4989
  • listofficemlsid: 4989
  • disclaimer: Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • yearbuilt: 1925
  • listingcontractdate: 2024-05-06
  • listagenturl: http://www.joinreal.com
  • countyorparish: Warren
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • constructionmaterials: Brick
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 4
  • parkingfeatures: Parking Lot
  • roof: Composition, Shingle
  • waterfrontyn: False
  • interiorfeatures: Blinds, Carbon Monoxide Detector, Drapes, Fire Extinguisher, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
  • exteriorfeatures: Open Porch(es)
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Living Room
  • patioandporchfeatures: Porch
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.184184, 40.683433
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/621-625-S-Main-St_Phillipsburg-Town_NJ_08865_M99512-49030?f=listhub&s=GSMLSNJ&m=3900257&c=rexren", "LeadRoutingEmail":null, "BrokerName":"Real Broker LLC", "ListingTitle":"Multi-Family, 3-Three Story, Fourplex - Phillipsburg Town, NJ", "ListOfficeBrokerMlsId":"392566", "ListOfficeEmail":null, "ListOfficeAddress1":"165 PASSAIC AVE", "ListOfficeAddress2":"STE 205", "ListOfficeCity":"FAIRFIELD", "ListOfficePostalCode":"07004", "ListOfficeStateOrProvince":"NJ", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Real Broker LLC", "ListBrokeragePhone":null, "ListBrokerageEmail":null, "ListBrokerageWebsiteUrl":"http://www.joinreal.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GSMLSNJ/e5c18ae67e1c11e786790242ac110008/20210708141522667.png", "ListBrokerageUnparsedAddress":"320 HADDON AVE", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Haddon Township", "ListBrokerageStateOrProvince":"NJ", "ListBrokeragePostalCode":"08108", "ListBrokerageCountry":"US", "RoomCount":40, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-05-30T20:51:54Z", "Taxes":[{"TaxYear":"2023", "TaxAnnualAmount":8000, "TaxDescription":null}]}
Listing Changed: 6/12/2024 2:04:48 PM GMT
Source Updated Date: 6/17/2024 6:49:28 AM GMT

Courtesy of: GEORGE E. MIKHAEL, REAL

Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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