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140-142 Main St #2, Franklin, NJ 07416

$369,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • 1 Car Garage
140-142 Main St #2, Franklin, NJ 07416View this property at 140-142 Main St #2, Franklin, NJ 07416
140-142 Main St #2FranklinNJ07416

Property Description

2-Units, Each Include 5 Bedrooms/3 Baths w/ Laundry Hookup on Main Level PLUS Full Basement for Extra Storage. Natural Gas & Separate Furnace for Each Unit. Anderson Windows! This building was renovated in the 1970s & can be an excellent investment property or a terrific, 2-family home. Each unit boasts 5 bedrooms & 3 baths w/ laundry hookup on main level PLUS full basement for extra storage. The Building has Natural Gas & each unit is equipped with its own Furnace. One side of the building has an extra large deck & the other side has a yard. Anderson Windows throughout! One-car garage & 4 assigned parking spaces are included with property - Garage brings in additional monthly income. Fully occupied, this is an excellent opportunity for an
investor looking for a strong cap rate.

Full Property Details for 140-142 Main St #2

General

  • Price: $369,000
  • Taxes: $9,608 (2015)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 3304576
  • Updated: 9/27/2017
  • Added: 657 day(s) ago

Property History

  • 140-142 Main St #2, Franklin, NJ
  • Reduced to $369,000 on 7/11/16
  • Listed at $399,000 on 5/6/16

Interior

  • Number of Rooms: 16
  • Interior Features: Smoke Detector, Fire Extinguisher, Carbon Monoxide Detector

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 10

Exterior

  • Exterior Features: Curbs, Deck

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Garage Description: Detached Garage

Location

  • County: Sussex
  • Driving Directions: Route 517 TO West Mountain Road TO Wild Cat TO Main Street

School Information

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: WALLKILL

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: 1Unit, BsbdHotw
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV Available

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Roof: Asphalt Shingles
  • Year Built: 1915
  • Remodeled/Updated: 1970

Unit Information

Unit 1

  • Unit Description: Kitchen, Living/Dining Room, Storage, Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 9999
  • Levels/Stories: 3
  • Total Bathrooms: 3
  • Bedrooms: 5

Unit 2

  • Unit Description: Kitchen, Living/Dining Room, Storage, Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 9999
  • Levels/Stories: 3
  • Total Bathrooms: 3
  • Bedrooms: 5

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Dimensions: .233 AC
  • Driveway/Sidewalk: 2 Car Width, Additional Parking, Assigned, Off-Street Parking
  • Zoning: Residential
  • Lot Description: Open Lot, Level Lot

Financial Considerations

  • Expenses: Maintenance, Insurance, Taxes
  • Assessment Amount: $213,500
  • Land Assmt: $55,500
  • Tax Amount: $9,608
  • Tax Year: 2015

Disclosures and Reports

  • Block: 607
  • Lot: 5

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Schools

Schools serving 140-142 Main St #2

School District:
Franklin Borough Public Schools, Wallkill Valley Regional Schools
School Name
Grades
Distance
Franklin Elementary School, Franklin, NJ
50 Washington Ave, Franklin, NJ 07416
PK-8
0.4 mi
Wallkill Valley Regional High School
10 Grumm Rd, Hamburg, NJ 07419
9-12
2.1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 140-142 Main St #2

140-142 Main St #2, Franklin, NJ 07416 (MLS# 3304576) is a Multi-Family property with 2 units containing 10 bedrooms and 4 full bathrooms. 140-142 Main St #2 is currently listed for $369,000 and was received on May 06, 2016. Want to learn more about 140-142 Main St #2? Do you have questions about finding other Multi-Family real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.

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