REP | 535 River Rd, Phillipsburg, NJ 08865

535 River Rd, Phillipsburg, NJ 08865

4 Bedrooms / 4 Baths / Multiple Family

Property Status: Available | For Sale: $395,000.00

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New Jersey Phillipsburg

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Waterfront on the Delaware - Massive Cashflow from Airbnb $7,000 per month 3 units in Warren County

Property Details:

Property Style:

Tri-Plex

Year Built:

1958

Finished Sq. Ft:

2,510

Basement:

Finished Basement

Owner/Agent:

Individual Owner

Attention Investors!! Riverfront Property!!!!

**** Turnkey 3 Unit building for sale in Warren County, NJ ****

535 River Rd, Pohatcong, NJ 08865

Purchase $395k – Priced for quick sale, cash or private money only

No Rehab needed, cashflow from day 1

Fully rented $6,667 per month, 2 units rented short and medium term traveling nurses, visitors, etc; 1 unit has a long term tenant

CAP Rate 16%

1st unit - https://airbnb.com/h/riverchalet

2nd unit - https://airbnb.com/h/rivercottage535

3rd unit is in law suite walk out basement with long term tenant who also handles cleaning Airbnbs.

Photos & Videos

https://www.dropbox.com/sh/dgcqhryn4ugrh0y/AACqdg33aZOConv1W0XIdtwza?dl=0

Map

https://goo.gl/maps/CrcdDTJMLx5k858q9

Zillow

https://www.zillow.com/homedetails/535-River-Rd-Phillipsburg-NJ-08865/40117801_zpid/

Income expense attached in Dropbox Link

Title work is in, ready for a quick closing - this is NOT a wholesale deal, I am the owner. End buyers ony!

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