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Key Details
Sold Price $435,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 704 sqft
Price per Sqft $617
Subdivision Roebling Village
MLS Listing ID NJBL2013648
Sold Date 10/27/23
Style Other
Abv Grd Liv Area 704
Originating Board BRIGHT
Year Built 1905
Annual Tax Amount $1,385
Tax Year 2021
Lot Dimensions 0.00 x 0.00
Property Description
ATTENTION INVESTORS: 41-43 Main Street Roebling offers a great opportunity to expand your portfolios. Priced right, this property is more specifically described as being the end of a two story, all brick building that served as the original General Store of Roebling Village. This portion of the building offers 4 individual Condo’s on the 2nd level and two retail spaces on the ground level. All the condo’s are currently rented, 3 on a month to month basis and 1 on a 12 month lease which ends September 30, 2022. The Condo’s feature hardwood floors, 9ft. ceilings, tiled bath and kitchen area. Condo’s are heated by electric heat pumps and have central air. Three of the four tenants have been in their units 5 to 7 years. Under the current tenant/landlord agreement, the tenants pay their electric, cable and tenant insurance, the landlord pays water/sewer and taxes. The two retail spaces on the 1st level total over 3,900 square feet, making the space prime for the possibility of conversion to two to three more Condo’s, pending Township approvals should you opt to go in that the direction, certainly something to consider. There is a full unfinished basement with interior access from the front retail space and an exterior access to all other units should you consider utilizing this additional space for individual storage spaces, laundry, etc., both of which could increase total gross income with minimal outlay. Being located near major highways, rail, and bridges, makes for easy access to NYC, Philadelphia and the Jersey Shore. This property which consists of 4 individual Condos and two Retail Commercial Spaces, is being sold as a package deal, and is being offered in the MLS as a Commercial Sale, MLS #NJBL2013624, and also in the MLS as a Multi Family Property, MLS #NJBL2013648. Please review both for more specific information regarding this property.
Location
State NJ
County Burlington
Area Florence Twp (20315)
Zoning CONDO
Interior
Hot Water Natural Gas
Heating Heat Pump - Gas BackUp
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat,Rubber
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Florence Township Public Schools
Others
Tax ID 15-00136-00014-C003
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Vanessa A Stefanics • RE/MAX Tri County