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354 S MAIN ST WHARTON, NJ 07885
- Commercial / Resale (MLS)
Property Details for 354 S MAIN ST, WHARTON, NJ 07885
Features
- Price/sqft: $499
- Lot Size: 25199 sq. ft.
- Total Units: 5
- Total Rooms: 1
- Room List: Basement
- Heating: Hot Water,Radiant,Radiator
Facts
- Year Built: 01/01/1900
- Property ID: 896122717
- MLS Number: 3911346
- Parcel Number: 39 02011-0000-00014
- Property Type: Commercial
- County: MORRIS
- Zoning: R-65
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Discover an unparalleled investment opportunity in the heart of the real estate market! This expansive property, covering over half an acre with 2 separate buildings, stands as one of the largest lots in town. Located in a B-1 Zoning District (Neighborhood Business District), it offers remarkable flexibility and potential. Both buildings have undergone complete renovation and rehabilitation, including new roofs, kitchens, bathrooms, utilities, and more. This ensures a low-maintenance, high-yield investment for years to come. Currently configured with 4 renovated apartments and an office space with full kitchens and bathrooms, the property boasts an impressive income potential exceeding $138,000 annually! We have created comprehensive floor plans and future plans to add 3 additional units to the front building, which has partial approvals. This will allow you to thoroughly explore every aspect of this unique offering. With the potential to expand to 8 units, the gross income could reach an astounding $220,000. This exceptional opportunity, with its strategic location and extensive renovations, ensures a sustainable and profitable investment for discerning investors. Don?t miss out on the chance to secure a prime piece of real estate that promises significant returns and long-term growth. Let?s collaborate to analyze the numbers, align with your goals, and make this exceptional investment opportunity yours today!
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Property Brokerage:
Keller Williams Realty Village Square
74 GODWIN AVENUE
RIDGEWOOD
NJ
7450
Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.