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    154-156 Hudson Street

    Phillipsburg, NJ 08865
    • $449,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 22025225
    UPDATED: 60 min ago
    $449,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,000
      SQFT
    • $50
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Great investment property opportunity in Phillipsburg. Tremendous potential and a great current cash flow. This building has 5 current units - 2 on the first floor that are set up to be a mini-mark and a barber shop, and 3 additional units on the second floor. The second floor offers income producing apartments - two 3 bedrooms and one 2 bedroom. Where the real potential lies though is the third floor. The third floor had a previous use of a conference hall. Now has the potential to become 2-3 more apartments. With the extra high ceilings and new windows it would make for amazing loft style apartments to add additional income.

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    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Caitlyn Mulligan with RE/MAX Revolution. Data last updated 2020-10-23T22:19:32.75.
    www.mulligansellsmore.com/homes/108195199
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    154-156 Hudson Street Phillipsburg, NJ 08865

    • Price: $449,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 22025225
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    9,000
    SQFT
    $50
    $/SQFT
    Neighborhood:
    None
    County:
    Warren
    Area:
    Phillipsburg (PHI)
    Property Description
    Great investment property opportunity in Phillipsburg. Tremendous potential and a great current cash flow. This building has 5 current units - 2 on the first floor that are set up to be a mini-mark and a barber shop, and 3 additional units on the second floor. The second floor offers income producing apartments - two 3 bedrooms and one 2 bedroom. Where the real potential lies though is the third floor. The third floor had a previous use of a conference hall. Now has the potential to become 2-3 more apartments. With the extra high ceilings and new windows it would make for amazing loft style apartments to add additional income.
    Exterior Features

    Garage No Lot Description Corner Lot Dimensions 63 X 57.6 Parking Driveway On Street Roof Flat

    Interior Features

    Basement Full Floors Vinyl/LinoleumWood Heat AC Ac Window UnitsElectric Heat Fuel ElectricNatural Gas Rental Units 5 Sq Ft Available For Lease 3500.0000 Water Heater Electric

    Property Features

    Assessment Land 53000.00 Assessment Status Assessed Assessment Total 315000.00 Commercial Type Mixed Use Electric1 Other - See Remarks Gas At Street Gross Income 32400.00 Handicap Access No Improvements Assessment 262000.00 Insurance Expense 2200.00 Landlord Pays InsuranceSewerWater Lease No New Construction No Operating Income 15860.00 Real Estate Tax Expense 12540.00 Sale Yes Sewer Public Sewer Tax Year 2019 Taxes 12540.00 Use ApartmentsBarber/SalonConvenience Store Water Public Water Water Sewer Expense 1800.00 Zoning CommercialMixedMulti-Use

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Peter A Hewitt of Keller Williamsreal Estate.


    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Caitlyn Mulligan with RE/MAX Revolution. Data last updated 2020-10-23T22:19:32.75.
     
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    Caitlyn Mulligan with RE/MAX Revolution
    2101 route 34, Suite B
    Wall NJ, 07719