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$575,000
Est. payment /mo
2 Beds
2 Baths
2,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $198
MLS Listing ID 4026945
Style 2-Two Story, See Remarks
Bedrooms 2
Full Baths 2
Year Built 1950
Annual Tax Amount $7,598
Tax Year 2025
Lot Size 2,178 Sqft
Property Description
8.5% CAP at asking price! Very nice strong cash flowing 4 unit mixed use on the main thoroughfare of Sussex Boro---2 One BR Apartments - both recently renovated---2 Retail Spaces leased to 1 Retail Tenant (Lease End 2030)---The basement is rented for storage (additional income to a separate tenant)---Brand New Roof 2026---Water/Sewer and Gas paid by Landlord---Apartments pay for their own Heat (Gas), Commercial Heat (Gas) is paid by Landlord.---Public Water and Sewer---Room to Park Two to Three Cars in the Back---Turnkey property, easy to maintain.
Location
State NJ
County Sussex
Zoning C-1
Rooms
Basement Finished-Partially
Interior
Heating Gas-Natural
Cooling See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, Wood
Utilities Available See Remarks
Roof Type Asphalt Shingle
Garage No
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story, See Remarks
Others
Senior Community No
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Listed by FAIRCLOUGH REALTORS
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