Lewis & Main St
Phillipsburg, NJ 08865
Phillipsburg Portfolio · Multifamily Property For Sale · 27 Units

This property portfolio consists of 26 Residential and 1 Commercial unit. [1 of 4] 34 Lewis Street - 12 Residential Units This is a beautiful 12 unit is a 4 story apartment building with all 2 bedroom apartments and private parking lot. Located in a busy residential section of the city close to transit, shopping, and dining with a short commute to several large employment centers. Improvements DLP has renovated 8 of the units at 34 Lewis Street. The units all have beautiful original hardwood flooring, and the refurbished units contain updated kitchens and fresh paint. The common areas have all been painted and are very well maintained. The gas burner was completely replaced in 2016, significantly lowering operating costs substantially. [2 of 4] 582 S Main Street - 7 Residential Units This is a beautiful converted school house has 7 units all 2 bedroom apartments. Large beautiful apartments with a New York style feel. Located in a busy residential section of the city close to transit, shopping, and dining with a short commute to several large employment centers. Improvements DLP has renovated 4 of the units at 582 Main Street. The units all have beautiful original hardwood flooring, and the refurbished units contain updated kitchens and fresh paint. The common areas have all been painted and are very well maintained. The gas burner was completely replaced in 2016. New carpet was installed in the four renovated, also. [3 of 4 ] 774-776 Main St - 5 Residential Units 774-776 Main St consists of both sides of a twin home converted into six revenue producing apartments. There are 3 one bedroom apartments, 2 two bedroom apartments, and 1 large three bedroom apartment. The property is located in a desirable section of the growing city of Phillipsburg and is convenient to transit, shopping, dining, and entertainment. Improvements: DLP purchased this property in 2015 and has since renovated every apartment. The renovations included modernizing the kitchens, replacing carpeting, and painting. And in addition, all common areas have been refreshed with paint. [4 of 4] 469 S Main St - 2 Residential / 1 Commercial Unit 469 Main St is a three unit multifamily property located in desirable Phillipsburg, NJ. The property consists of two apartments and a commercial rental. One of the residential apartments is a one bedroom while the other is a four bedroom. The property is situated in a residential area with easy access to transit, shopping, and dining. All utilities except for common area electric and water/sewer are in the resident’s name. Improvements: DLP purchased this property in 2015 and has since performed a full renovation on both residential units and a complete fit out of the commercial space. The residential renovations included fresh paint and modernizing kitchens.