68 Bartholdi Ave Active Save Request In-Person Tour Request Virtual Tour
Butler Boro,NJ 07405
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,221 sqft
Price per Sqft $434
MLS Listing ID 3907102
Year Built 1902
Annual Tax Amount $16,598
Tax Year 2023
Lot Size 10,018 Sqft
Property Description
Don't miss this exceptional investment opportunity! Presenting a 13-unit "bed & breakfast" house zoned as a rooming house, ideal for steady rental income. nestled in a prime location, this property BOAsts twelve 1-bedroom, 1-bathroom units, each designed for comfortable living. The 13th unit is a spacious manager's apartment, featuring a full kitchen, full bathroom, dining room, and a cozy living room for on-site management. The basement is a communal hub, equipped with a well-appointed kitchen including multiple fridges, upright freezers, microwave, toaster, and Keurig machine, encouraging a sense of community among tenants. Additionally, the basement houses convenient laundry facilities, ensuring hassle-free living. With its mix of private and shared amenities, this rooming house is tailored to meet the needs of various tenants. The property promises not only a consistent rental income but also low vacancy rates due to its versatile appeal. Seize this rare chance to invest in a property that combines the best of individual and communal living spaces. Whether you're a seasoned investor or new to the real estate market, this 13-unit rooming house offers a unique and profitable opportunity. Act now and secure your future with this promising investment. This property is bringing in nearly 170k in net profit per year.
Location
State NJ
County Morris
Zoning Residential
Interior
Heating Gas-Natural
Cooling 2 Units, Multi-Zone Cooling
Flooring Carpeting, Tile
Equipment Fire Alarm, Furniture, Kitchen Area, Refrigeration Unit, Restrooms - Private, Smoke Detector
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner
Story 2
Sewer Public Sewer
Water Public Water