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$1,400,000 - 68 Bartholdi Ave, Butler Boro

-
Bedrooms
-
Baths
3,221
SQ. Feet
0.23
Acres

Don't miss this exceptional investment opportunity! Presenting a 13-unit "bed & breakfast" house zoned as a rooming house, ideal for steady rental income. nestled in a prime location, this property BOAsts twelve 1-bedroom, 1-bathroom units, each designed for comfortable living. The 13th unit is a spacious manager's apartment, featuring a full kitchen, full bathroom, dining room, and a cozy living room for on-site management. The basement is a communal hub, equipped with a well-appointed kitchen including multiple fridges, upright freezers, microwave, toaster, and Keurig machine, encouraging a sense of community among tenants. Additionally, the basement houses convenient laundry facilities, ensuring hassle-free living. With its mix of private and shared amenities, this rooming house is tailored to meet the needs of various tenants. The property promises not only a consistent rental income but also low vacancy rates due to its versatile appeal. Seize this rare chance to invest in a property that combines the best of individual and communal living spaces. Whether you're a seasoned investor or new to the real estate market, this 13-unit rooming house offers a unique and profitable opportunity. Act now and secure your future with this promising investment. This property is bringing in nearly 170k in net profit per year.

Essential Information

  • MLS® #:
    3907102
  • Price:
    $1,400,000
  • Square Footage:
    3,221
  • Acres:
    0.23
  • Year Built:
    1902
  • Type:
    Commercial
  • Status:
    Active

Community Information

  • Address:
    68 Bartholdi Ave
  • City:
    Butler Boro
  • County:
    Morris
  • State:
    NJ
  • Zip Code:
    07405-1463

Amenities

  • Utilities:
    Electric, Gas-Natural
  • Parking:
    Blacktop, Parking Lot-Exclusive, Assigned

Interior

  • Heating:
    Gas-Natural
  • # of Stories:
    2

Exterior

  • Exterior:
    Vinyl Siding
  • Lot Description:
    Corner
  • Roof:
    Asphalt Shingle

Additional Information

  • Date Listed:
    June 11th, 2024
  • Days on Market:
    128
  • Zoning:
    Residential

Listing Details

  • Listing Office:
    Keller Williams Prosperity Realty

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Listing information last updated on October 18th, 2024 at 2:48am EDT.