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348 Main Street S, Phillipsburg, NJ 08865

$480,000

  • For Sale
  • Active
  • Commercial
348 Main Street S, Phillipsburg, NJ 08865 View this property at 348 Main Street S, Phillipsburg, NJ 08865
348 Main Street S Phillipsburg NJ 08865

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Property Description

5 units in great condition w/ cen AC. Nice layouts. Easy to rent. One-3 Bed, three-2 bed, one Retail/Office 3200 SF. Gross income appx. 73K. All up to code with 12 car parking lot Very nice in all details is this 45 unit brick building with 12 car fenced parking lot, 4 spacious apartments, one large retail or office space of 3200 sf. Owner took excellent care of this building and has to relocate for work. Gross income of appx 73K Net and expense will be attached shortly. Excellent investment and a very good price. Building is recently CODE FREE. All units have their own gas heat and air conditioning and pay their own electric. Each unit has 2 car assigned parking in the parking lot and the retail has 4.

Full Property Details for 348 Main Street S

  • Price: $480,000
  • Taxes: $16,361 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 21723796
  • Updated: 8/30/2017
  • Added: 94 day(s) ago

Property History

  • 348 Main Street S, Phillipsburg, NJ
  • Reduced to $480,000 on 8/30/17
  • Listed at $490,000 on 6/20/17

Business

  • Business For Sale: Yes

Interior

  • Flooring: Partially Carpeted, Vinyl/Linoleum, Wood

Parking

  • Total Spaces: 12
  • Parking Features: Assigned, Off-Street, On-Site Parking, Open Lot, Paved

Location

  • Area: Phillipsburg (PHI)
  • County: Warren
  • Subdivision: None
  • Driving Directions: S Main

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Gas: No Gas
  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Description/Design: Corner
  • Construction: Block, Brick
  • Basement Desc.: Full
  • Roof: Asphalt, Shingled
  • Stories Description: 2
  • Current Bldg. Use: Apartments, Office/Retail, Professional Service, Professional/Office, Retail
  • Year Built: 1980

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Dimensions: 36 x 185

Financial Considerations

  • Assessment Amount: $419,300
  • Improve Assmt: $353,500
  • Land Assmt: $65,800
  • Tax Amount: $16,361
  • Tax Year: 2016
  • Landlord Pays: Electricity, Garbage Removal, Sewer, Water

Disclosures and Reports

  • APN: 19-01504-0000-00001
  • Section: None

Listed by Keller Williams Real Estate, Peter A Hewitt

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Estimate the Cost

348 Main Street S will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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In the Community

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348 Main Street S, Phillipsburg, NJ 08865 (MLS# 21723796) is a Commercial property. 348 Main Street S is currently listed for $480,000 and was received on June 20, 2017. Want to learn more about 348 Main Street S? Do you have questions about finding other Commercial real estate for sale in Phillipsburg? You can browse all Phillipsburg real estate or contact a Coldwell Banker agent to request more information.

Listed by Keller Williams Real Estate, Peter A Hewitt