$1,400,000
68 Bartholdi AVE Butler Borough, NJ 07405
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Listed by Shawn Anen • Keller Williams Prosperity Realty • (973) 417-9806
$1,400,000
Est. payment /mo
Active
68 Bartholdi AVE Butler Borough, NJ 07405
UPDATED:
08/21/2024 03:04 PM
Key Details
Property Type Commercial
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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