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144 Main St

Butler Boro, NJ 07405
  • $399,900
  • STATUS: Active Under Contract
  • ON SITE: 102 Days
  • MLS #: 3880324
Under Contract
$399,900
  • 3
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,630
    SQFT
  • $245
    $/SQFT
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Don't Miss Out on this Golden Opportunity! %10 Cap Rate. In a prime location in the heart of Butler, this mixed-use property boasts an unparalleled combination of a strategic location, established rental income, and significant potential. Whether you are an astute investor aiming for a robust return or an entrepreneur looking to leverage a premium location, this property demands your attention. Schedule a viewing today to explore the amazing possibilities that await. This versatile commercial space has a storied history as a barbershop, presenting a unique chance for a new owner to rejuvenate the space or pursue alternative ventures, such as transforming it into a restaurant given its high foot traffic.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-03T23:46:29.553.
www.williamhagangroup.com/homes/146440102
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144 Main St Butler Boro, NJ 07405

  • Price: $399,900
  • Status: Active Under Contract
  • On Site: 102 Days
  • MLS #: 3880324
3
Beds
2
Baths
1
½ Baths
0.05
Acres
1,630
SQFT
$245
$/SQFT
1940
Built
County:
Morris
Area:
Butler Boro
Property Description
Don't Miss Out on this Golden Opportunity! %10 Cap Rate. In a prime location in the heart of Butler, this mixed-use property boasts an unparalleled combination of a strategic location, established rental income, and significant potential. Whether you are an astute investor aiming for a robust return or an entrepreneur looking to leverage a premium location, this property demands your attention. Schedule a viewing today to explore the amazing possibilities that await. This versatile commercial space has a storied history as a barbershop, presenting a unique chance for a new owner to rejuvenate the space or pursue alternative ventures, such as transforming it into a restaurant given its high foot traffic.
Exterior Features

Approximate Lot Size 23X98 Exterior Description Vinyl Siding Garage Description On-Street Parking Number Of Parking Spaces 0 Parking Driveway Description Off-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling None Heating 1 UnitRadiators - Steam Interior Features Carbon Monoxide DetectorSecurity SystemSmoke Detector Total Number Of Rooms 3 Unit1 Appliances Equipment Fire Alarm SystemSecurity SystemSmoke DetectorSump Pump Unit1 Baths 2.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 1 Unit1 Security Deposit 0 Unit1 Sq Ft 815 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description See Remarks Unit2 Rooms 3 Unit2 Sq Ft 815

Property Features

Assessment Total 177400 Building Assessment 132400 Easement No Exclusions Tenants and Barbar Personal Items. Expenses Include GasInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 52200 Home Warranty No Land Assessment 45000 Net Operating Income 40200 Sewer Public Sewer Tax Amount 4708 Tax Rate Amount 2.654 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 12000 Unit Style 2-Two StorySee Remarks Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 2350 Unit2 Security Deposit 0 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Approximate Zoning COM/Mixed Use

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 201-203-4500.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-03T23:46:29.553.
 
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eXp Realty
910 1st Ave
Asbury Park NJ, 07712