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- MLS#3668505
- TypeCommercial
- CountyWARREN
- CityPhillipsburg Town
- AreaPhillipsburg Town
- Zip08865
- StyleOffcApts
- Year Built1900
- Taxes15112
- Price$ 749,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms10
- Lot Size12,197 SqFt
Listing Provided Courtesy Of:
FREE BRIDGE REALTY, LLC
Property Description
Situated across from beautiful Shappell Park, impressive mixed use property that consists of 6 residential units and 4 retail leases. Over $100,000 in annual gross rents here, in key renaissance location. Owners update / repaint residential units, each turn over. Merchants have been here long-term and plan to stay. There is more potential for this property, if you decide to take it further in order to increase cash flow. Phillipsburg is 'open for business' - come enjoy the active push that the new So. Main St. Alliance is fueling, to beautify downtown with some new grants and energy. Learn more about incentives from the city. At the gateway to the strong Lehigh Valley economy, you can't beat this location. Close to 78, and beautiful riverside parks, local bus, boutiques and eateries. 7.15% CAP rate! carpe diem
Price History | |
---|---|
10/1/2020 | Listed $749,900 |
General Features
Construction | Formed Concrete, Wood |
---|---|
Cooling | Wall A/C Unit(s), Window A/C(s) |
Drive | Crushed Stone, Gravel, Off-Street Parking, Parking Lot-Exclusive |
Flooring | Carpeting, Laminate, Vinyl-Linoleum, Wood |
Heating | Auxiliary Electric Heat, Radiators - Hot Water, See Remarks |
Num Apts | 10 |
Property Type | OffcApts |
Property Type | Mixed Use, Office/Apartments, Office/Retail |
Roof | Asphalt Shingle |
Sewer | Public Sewer |
Tax Annual Amount | 15112 |
Total Units | 10 |
Town # | 3019 |
Township | Phillipsburg Town |
Utilities | Electric, Gas-Natural |
Zoning | mixed use |
Interior Features
Basement | Full, Unfinished |
---|---|
Fuel Type | GasNatur, OilAbIn |
Num 1 Bdrm Units | 5 |
Num 2 Bdrm Units | 1 |
Exterior Features
Exterior Description | Composition Siding, See Remarks |
---|---|
Lot Dimensions | .28 ACRE |
Lot Features | Level Lot |
Water Source | Public Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool