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22 Main St

Stanhope Boro, NJ 07874
  • $400,000
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • MLS #: 3828790
Under Contract
UPDATED: 2 min ago
$400,000
  • 3
    BEDS
  • 0.03
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Great investment opportunity with positive cash flow! You can live in the apartment or keep as an investment property. This fully rented building includes a 3 bed 1 bath residential unit and a newly renovated ground floor commercial unit with half bath. The commercial unit is currently a hair salon. There is a full unfinished basement for storage, laundry and utilities. All available documentation is in the GSMLS media section. 6.8% CAP rate.

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Garden State MLS logo © 2023 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 2023-04-01T18:46:51.16.
www.williamhagangroup.com/homes/136987235
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22 Main St Stanhope Boro, NJ 07874

  • Price: $400,000
  • Status: Active Under Contract
  • On Site: 45 Days
  • Updated: 2 min ago
  • MLS #: 3828790
3
Beds
1
Baths
1
½ Baths
0.03
Acres
County:
Sussex
Area:
Stanhope Boro
Property Description
Great investment opportunity with positive cash flow! You can live in the apartment or keep as an investment property. This fully rented building includes a 3 bed 1 bath residential unit and a newly renovated ground floor commercial unit with half bath. The commercial unit is currently a hair salon. There is a full unfinished basement for storage, laundry and utilities. All available documentation is in the GSMLS media section. 6.8% CAP rate.
Exterior Features

Approximate Lot Size 55X31 Exterior Description Wood Number Of Parking Spaces 0 Parking Driveway Description Parking Lot-Shared Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description UnfinishedWalkout Cooling Ductless Split AcWindow A/C(S) Heating 1 UnitRadiators - Steam Interior Features Fire ExtinguisherSmoke Detector Total Number Of Rooms 7 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 2 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Range/Oven - ElectricRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving/Dining Room Unit2 Rooms 6 Unit2 Sq Ft 0

Property Features

Assessment Total 189000 Building Assessment 136300 Easement Yes Easement Description Right Of Way Exclusions N/A Expenses Include HeatInsuranceTaxes Fha Age Restricted No Fuel Type Oilabin Gross Operating Income 42000 Land Assessment 52700 Net Operating Income 27350 Sewer Public Sewer Tax Amount 8172 Tax Rate Amount 4.324 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 14650 Unit Style 2-Two StoryUnder/Over Unit1 Owner Tenant Pays Owner Pays HeatTenant Pays ElectricTenant Pays Water Unit1 Rent 1350 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays HeatTenant Pays ElectricTenant Pays Water Unit2 Rent 2150 Unit2 Security Deposit 0 Utilities See Remarks Water Public Water Water Heater From Furnace Year Built Description Unknown

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 862-251-4915.


Garden State MLS logo © 2023 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 2023-04-01T18:46:51.16.
 
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