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91 Main Street

Newton NJ 07860

3
4
2462 sq. ft.
4356 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

NEW ROOF, RENOVATED COMMERCIAL UNIT. MULTI-USE PROPERTY presents a lucrative opportunity for real estate investment, mixed-use building in a prime location. Conveniently near major amenities such as big box shops, This property offers a blend of residential comfort & commercial potential. Comprising of 2 residential apartments and a spacious commercial/office space, this property offers diverse income streams and flexibility for various business ventures.Apartment 1, ground level, features a cozy yet spacious layout with 1 bedroom, an inviting eat-in kitchen, a renovated bathroom, and a porch for relaxation. Apartment 2, situated one flight up, offers generous living space with 2 bedrooms and a bonus room suitable for use as a third bedroom or office.Commercial/Office Space: Ground level commercial space with three generously sized rooms & half bath. A separate entrance, located on the side of the building ensuring privacy and ease of access for business operations. Currently, the partially finished walk-out basement is rented out, generating $700 in monthly income.All on MONTH -TO-MONTH agreements which present an opportunity for rent adjustments or new lease agreements, maximizing potential revenue. Parking and Accessibility: Space for three vehicles in private driveway along with off-street parking, providing convenience for tenants and customers alike. ALL PUBLIC UTILITIES. CASH OFFERS PREFERRED BY SELLER Selling AS-IS.

Features

3 bedrooms
4 bathrooms
2462 sq. ft. floor area
4356 sq. ft. lot size
Multi-Family

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95%
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