774-776 S Main St - Apartments FOR SALE


Phillipsburg, NJ 08865
$799,000 USD
908-391-6863
774-776 S Main St, Phillipsburg, NJ for Sale
$799,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

774-776 S Main St
Phillipsburg, NJ 08865


OVERVIEW

2 large rented buildings along with a detached 3 car garage! The first building features a three-family home, whereas the right side of the building offers a fully rented multi-level townhouse-style 3 bedroom apartment with a separate backyard. The left hand side offers 2 bedroom multi level apartment on the 2nd floor, and a fully rented 1 bedroom apartment on the first floor. A landscaped path takes you through the backyard of the 3-family home to the additional 2-unit building further back on the lot. The 2 unit, side-by-side duplex, offers 2 bedrooms each over 3 levels, and a private backyard for tenants. Each of the 5 units has their own electric meter, gas meter and water meter. Approximately $8,500 per month in gross revenue Great investment property with large rent roll.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$148 USD /SF

# OF UNITS

5

PRICE/UNIT

$159,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,685 SF

ZONING

B-2

APN/PARCEL ID

19-02505-0000-00024

ASK ABOUT THIS PROPERTY

Jack DeCavagnalBerkshire Hathaway HomeServices NJ PropertiesMore Info
908-391-6863

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Jack DeCavagnalBerkshire Hathaway HomeServices NJ PropertiesMore Info
908-391-6863

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.