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$ 450,000
Est. payment | /mo
4 Beds
2 Baths
19,998 SqFt
$ 450,000
Est. payment | /mo
4 Beds
2 Baths
19,998 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,998 sqft
Price per Sqft $22
MLS Listing ID 4035710
Style 2-Two Story
Bedrooms 4
Full Baths 2
Year Built 1900
Annual Tax Amount $10,309
Tax Year 2025
Lot Size 4,356 Sqft
Property Description
REHAB PROJECT---2 Unit Multi Family ready for renovation in Wharton---One side is a complete gut rehab, the other side has a tenant occupying one unit but the unit could use improvements to get to market rents---The rented side is currently paying $1400---Both units are 2 BR and 1 BA units---In the vacant unit there is a good sized attic that could be converted to additional finished space---Since the current owner purchased the property they have made some large scale structural improvements such as complete new roof and flashing---new front deck--asbestos remediation---electrical work, steel support beams in the basement and more---Building is very solid and ready for the next steps of rehab---Tenants pay for all utilities except sewer---Could also be demolished and replaced with a larger multi family unit building.
Location
State NJ
County Morris
Zoning RM75
Rooms
Basement Unfinished
Interior
Interior Features See Remarks
Heating Electric
Cooling See Remarks
Heat Source Electric
Exterior
Exterior Feature See Remarks
Parking Features See Remarks
Utilities Available Electric, Gas In Street, See Remarks
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by FAIRCLOUGH REALTORS
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