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102-104 Sitgreaves St
Phillipsburg, NJ 08865
Specialty Property For Sale
·
5,268 SF

Property Facts
| Property Type | Specialty | Building Size | 5,268 SF |
| Property Subtype | Residential Income | No. Stories | 3 |
| Building Class | C | Year Built | 1900 |
| Lot Size | 0.07 AC | Parking Ratio | 0.94/1,000 SF |
| Zoning | R-50 | ||
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,268 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.94/1,000 SF |
| Zoning | R-50 |
About 102-104 SITGREAVES ST , PHILLIPSBURG, NJ 08865
This incredible opportunity in the Town of Phillipsburg is the ideal property for any savvy investor with one bedroom apartment plus 13 separate room rentals and a commercial space! The rooms are rented through a state program that pays the rent directly to you! The downstairs commercial space could easily be rented as a diner type location or modified into an office. The building also has a basement which would be the perfect place to add coin operated laundry to increase the revenue to this already profitable investment! The rooming house has been inspected by the state, maintained well by the current owner and is the investment you have been waiting for! Projected CAP rate of 18%.
Property Taxes
| Parcel Number | 19-02002-0000-00002 | Improvements Assessment | $1,700 |
| Land Assessment | $28,200 | Total Assessment | $29,900 |
Property Taxes
Listing ID: 20731971
Date on Market: 8/24/2020
Last Updated:
Address: 102-104 Sitgreaves St, Phillipsburg, NJ 08865
The Specialty Property at 102-104 Sitgreaves St, Phillipsburg, NJ 08865 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
