• Asking Price $1,400,000
  • 68 BARTHOLDI AVE BUTLER, NJ 07405

  • 3,221 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 68 BARTHOLDI AVE, BUTLER, NJ 07405

Features

  • Price/sqft: $434
  • Lot Size: 10088 sq. ft.
  • Total Units: 1
  • Total Rooms: 1
  • Room List: Basement
  • Stories: 200
  • Construction Type: Frame

Facts

  • Year Built: 01/01/1902
  • Property ID: 892100685
  • MLS Number: 3907102
  • Parcel Number: 03 00030-0000-00094- 01
  • Property Type: Townhouse or Condo
  • County: MORRIS
  • Zoning: R-4
  • 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. 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, from young professionals to students. 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.

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Property Brokerage: Keller Williams Prosperity Realty 1700 RT. 23 NORTH WAYNE NJ 7470
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.