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    29 Sitgreaves St

    Phillipsburg Town, NJ 08865
    • $749,900
    • STATUS: Active
    • ON SITE: 111 days
    • MLS #: 3668505
    UPDATED: 72 min ago
    $749,900
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Situated across from beautiful Shappell Park, impressive mixed use property that consists of 6 residential units and 4 retail leases. Over $100,000 in annual gross rents here, in key renaissance location. Owners update / repaint residential units, each turn over. Merchants have been here long-term and plan to stay. There is more potential for this property, if you decide to take it further in order to increase cash flow. Phillipsburg is 'open for business' - come enjoy the active push that the new So. Main St. Alliance is fueling, to beautify downtown with some new grants and energy. Learn more about incentives from the city. At the gateway to the strong Lehigh Valley economy, you can't beat this location. Close to 78, and beautiful riverside parks, local bus, boutiques and eateries. 7.15% CAP rate! carpe diem

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    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Premier Group NJ at RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Premier Group NJ at RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-01-21T06:46:35.92.
    www.premiergroupnj.com/homes/110587155
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    29 Sitgreaves St Phillipsburg Town, NJ 08865

    • Price: $749,900
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 3668505
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1900
    Built
    County:
    Warren
    Area:
    Phillipsburg Town
    Property Description
    Situated across from beautiful Shappell Park, impressive mixed use property that consists of 6 residential units and 4 retail leases. Over $100,000 in annual gross rents here, in key renaissance location. Owners update / repaint residential units, each turn over. Merchants have been here long-term and plan to stay. There is more potential for this property, if you decide to take it further in order to increase cash flow. Phillipsburg is 'open for business' - come enjoy the active push that the new So. Main St. Alliance is fueling, to beautify downtown with some new grants and energy. Learn more about incentives from the city. At the gateway to the strong Lehigh Valley economy, you can't beat this location. Close to 78, and beautiful riverside parks, local bus, boutiques and eateries. 7.15% CAP rate! carpe diem
    Exterior Features

    Approximate Lot Size .28 ACRE Construction Formed ConcreteWood Exterior Description Composition SidingSee Remarks Location Business DistrictFreestandingResidential Area Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Crushed StoneGravelOff-Street ParkingParking Lot-Exclusive Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description FullUnfinished Cooling Wall A/C Unit(S)Window A/C(S) Equipment Available AppliancesFire Alarm Floors CarpetingLaminateVinyl-LinoleumWood Heating Auxiliary Electric HeatRadiators - Hot WaterSee Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 10 Office Sq Ft 0

    Property Features

    Available Negotiable Expenses Include Maintenance - ExteriorMaintenance - InteriorProperty ManagementSnow RemovalTaxesTrashWater/Sewer For Sale Or Lease For Sale Fuel Type GasnaturOilabin Gross Operating Income 99750 Lease Includes Building InsuranceCommon Area MaintHeatSewerTaxesTrash RemovalWater Lease Type Net Net Operating Income 53614 Owner Pays HeatMaintenance-Common AreaOilSewerSnow RemovalTrash RemovalWater Primary Property Type Offcapts Property Type Mixed UseOffice/ApartmentsOffice/Retail Sale Includes Building Only Sewer Public Sewer Suite Number 0 Tax Amount 15112 Tax Rate Amount 4.015 Tax Rate Year 2019 Tax Year 2019 Tenant Pays ElectricGasHot Water Total Operating Expense 46136 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning Mixed Use

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Free Bridge Realty, Llc.


    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Premier Group NJ at RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Premier Group NJ at RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-01-21T06:46:35.92.
     
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    Premier Group NJ at RE/MAX Central
    520 Highway 9 North
    Manalapan NJ, 07726