68 Bartholdi Avenue Active

Butler Borough,NJ 07405

$ 1400000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 5+Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24018515

Style 5+Family

Annual Tax Amount $16,048

Property Description

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. The property promises not only a consistent rental income but also low vacancy rates due to its versatile appeal. This property is bringing in nearly 170k in net profit per year.

Location

State NJ

County Morris

Area Butler Borough

Exterior

Utilities Available A/C,Gas,Sewer

Roof Type Asphalt

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