21
See all 21 photos
$550,000
Est. payment /mo
5 Beds
2 Baths
29,997 SqFt
New
46 Trinity St Newton Town, NJ 07860
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 29,997 sqft
Price per Sqft $18
MLS Listing ID 3994658
Style 2-Two Story
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $10,002
Tax Year 2024
Lot Size 0.270 Acres
Property Description
Tenants Pay All Utilities.Three Units - Two Residential Fully Rented with very strong cash flow and a HUGE additional outbuilding for upside--In addition to the two fully rented Residential Units there is a very large storage/house that could be used as a work shop or rented for additional income (Owners currently use it for their own storage). This out building currently has electric but it would be possible to convert this to two studio apartments or a large 2 BR if plumbing was added. Whether you rent it out as is for storage or convert it, the upside is huge and the cap rate is very strong as it is right now. 8 CAP+
Location
State NJ
County Sussex
Rooms
Basement Bilco-Style Door
Interior
Interior Features See Remarks
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Parking Features See Remarks
Utilities Available Electric, Gas In Street, See Remarks
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
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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