621 South Main Street
621 South Main Street
$995,000
12
4
—
—
—
Under Contract
Description
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...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!
- Listed by GEORGE E. MIKHAEL • REAL
Property Details for 621 South Main Street
Directions
Rt 22 w, then 519 then right on S Main St.
Days On Market24
Location
LISTING UPDATED: 05/30/2024 08:51 PM
Property Details for 621 South Main Street
Status | Under Contract |
---|---|
MLS # | 3900257 |
Days on Market | 24 |
Taxes | $8,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 1925 |
Lot Size | - |
County | Warren County |
Location
Building Information for 621 South Main Street
Stories-Residences4Year Built1925Building Size-Lot Size-
Payment Calculator
$6,097 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 621 South Main Street
Property History for 621 South Main Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 621 South Main Street
Taxable ValueLand$10,800Additions$34,000Total$44,800
Tax Record2022$1,858 ($155 / month)
Home Facts
Beds0Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtStories2Lot Size1,786 SqFtStyleSingle Family ResidenceYear Built1925ZoningR-50CountyWARRENAPN19 01903-0000-00010
Schools near 621 South Main Street
This home is within Phillipsburg School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 1 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 3 to 5 |
Rating | School | Distance |
---|---|---|
Phillipsburg Early Child PublicPK to 1 | ||
Phillipsburg Middle School Public6 to 8 | ||
Phillipsburg High School Public9 to 12 | ||
Green Street Elementary School Public3 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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