Phillipsburg NJ Multi Family for Sale
$250,000
417 S 3RD ST Phillipsburg, NJ 08865
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 4
- Lot size:
- 0.43 Acres
- Year built:
- 1950
- Baths:
- 2.00
- MLS#:
- 3932182
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Courtesy: WEICHERT REALTORS
908-879-7010
ADDITIONAL INFORMATION
This two-family home is a fantastic investment opportunity! With mirrored units featuring two bedrooms, one bathroom, a kitchen, and a living room, it's perfect for renters or multi-generational living. The prime location near major highways (57, 22, and 78) makes commuting a breeze, and being close to shopping, hiking trails, and restaurants adds significant appeal for potential tenants.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.22 Acres
- Year built:
- 1880
- Baths:
- 5.00
- MLS#:
- 3931051
- Subdivision:
- Not In A Development
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Courtesy: KELLER WILLIAMS REAL ESTATE
610-867-8888
ADDITIONAL INFORMATION
Discover an EXCEPTIONAL INVESTMENT OPPORTUNITY with this Beautifully Newly 2024 REMODELED 5-unit MULTI-FAMILY APARTMENT BUILDING. Ideally situated in DESIRABLE Alpha Boro, this apartment building features 3- 1 Bedroom, 1- 2 Bedroom and 1- 3 Bedroom apartments. With Modern Upgrades throughout, the building boasts a BRAND NEW ROOF, NEW WATER HEATERS, NEW carpet and LVP, updated baths, FRESH PAINT and contemporary kitchens complete with NEW CABINETS, COUNTERTOPS, and STAINLESS-STEEL APPLIANCES. The exterior shines with NEW VINYL SIDING, shutters, and a freshly painted block facade. Enjoy the benefits of a newly installed PAVER PATIO and a stone off-street PARKING LOT, providing ample parking for residents. Each apartment has its OWN ENTRANCE, ensuring privacy and independence. Separate electric meters make for easy management. Utilize the basement for additional storage or coin laundry to maximize profits! This TURNKEY investment property is ready for market-rate tenants, offering a hassle-free opportunity to capitalize on the thriving rental market. Don't miss out on this remarkable property that combines modern living with exceptional curb appeal!
$886,900
774 S MAIN ST Phillipsburg, NJ 08865
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.23 Acres
- Baths:
- 6.00
- MLS#:
- 3922112
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Courtesy: REAL
855-450-0442
ADDITIONAL INFORMATION
$1.05M property is on sale for only $886,900! Fantastic investment opportunity in the heart of Phillipsburg, NJ! This legally recognized 5-unit property offers exceptional value with an impressive 8% cap rate. Situated on a spacious lot on S Main St, the property consists of two buildings on one tax record: one with 3 units and the other with 2 units. All units are currently 100% occupied, with some tenants on Section 8, providing steady rental income.One standout feature is the recently renovated unit, which boasts 4 legal bedrooms and a finished attic that can be converted into a 5th bedroom, further enhancing the property's value. This building includes (1) 1bed, (2) 2bed, (1) 3 bed, (1) 4bed units. Tenants cover their own utilities, including water, making for a hassle-free investment. Monthly gross income is $7825, annual gross income is $93,900. Annual property taxes are $13,200 and property insurance is $5500. The property benefits from affordable real estate taxes and has recently been appraised at $1.05M as-is. With potential to increase rents to match market rates, this cash-flowing asset is an ideal opportunity for savvy real estate investors. Don't miss out on this unique chance to own a multifamily gem in a growing area!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.05 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- 3917505
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Courtesy: COLDWELL BANKER REALTY
908-782-6850
ADDITIONAL INFORMATION
BEING SOLD VACANT WITH A CLEAN CO AND A RENT READY 2ND FLOOR UNIT. Wow! Here is an amazing opportunity to start your investing career, add to your portfolio, or move in and collect rent from the other unit to aid with your expenses! This two family has a large one bedroom first floor unit that was fully renovated in the summer of 2022. The unit features a new kitchen, floors, fresh paint, appliances, etc. This unit also has a generous amount of basement storage. Upstairs, there is a two bedroom apartment with a long term tenant who would prefer to stay! Each unit has separate heating and electric. As an added bonus, there is a two car parking pad out back to sought after off street parking.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJWR2000374
ADDITIONAL INFORMATION
Highest and Best due Monday 6pm. Dont miss this once-in-a-lifetime opportunity to purchase this large 3-family investment property! Two units are occupied by long term tenants with new leases in place. The third unit has been completely renovated & is now ready for you to either move into or rent out! Don't think twice about this one, it would be a great addition to your investment portfolio!! Call to schedule showing !
$449,000
Colby Place Phillipsburg, NJ 08865
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Courtesy: Exp Realty, Llc
866-201-6210
ADDITIONAL INFORMATION
Dont miss this once-in-a-lifetime opportunity to purchase this large 3-family investment property! Two units are occupied by long term tenants with new leases in place. The third unit has been completely renovated & is now ready for you to either move into or rent out! Don't think twice about this one, it would be a great addition to your investment portfolio!!
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Some properties listing with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.Phillipsburg Real Estate
The median home value in Phillipsburg, NJ is $302,500. This is lower than the county median home value of $341,200. The national median home value is $338,100. The average price of homes sold in Phillipsburg, NJ is $302,500. Approximately 51.98% of Phillipsburg homes are owned, compared to 37.93% rented, while 10.09% are vacant. Phillipsburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Phillipsburg real estate agent to arrange a tour today!
Phillipsburg, New Jersey has a population of 15,146. Phillipsburg is less family-centric than the surrounding county with 28.19% of the households containing married families with children. The county average for households married with children is 31.35%.
The median household income in Phillipsburg, New Jersey is $57,292. The median household income for the surrounding county is $85,163 compared to the national median of $69,021. The median age of people living in Phillipsburg is 40.3 years.
Phillipsburg Weather
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 47.5 inches per year, with 27.4 inches of snow per year.