160 South Main Street, Phillipsburg NJ 08865 Photo 1 160 South Main Street, Phillipsburg NJ 08865 Photo 2 160 South Main Street, Phillipsburg NJ 08865 Photo 3 160 South Main Street, Phillipsburg NJ 08865 Photo 4 160 South Main Street, Phillipsburg NJ 08865 Photo 5 160 South Main Street, Phillipsburg NJ 08865 Photo 6 160 South Main Street, Phillipsburg NJ 08865 Photo 7 160 South Main Street, Phillipsburg NJ 08865 Photo 8 160 South Main Street, Phillipsburg NJ 08865 Photo 9 160 South Main Street, Phillipsburg NJ 08865 Photo 10 160 South Main Street, Phillipsburg NJ 08865 Photo 11 160 South Main Street, Phillipsburg NJ 08865 Photo 12 160 South Main Street, Phillipsburg NJ 08865 Photo 13

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160 South Main Street - Renovation opportunity! This 3-story property has incredible cash flow potential. Renovate the commercial downstairs and lease out the 2 apartments upstairs for generous passive income. This property sits in a prime location on South Main Street in the heart of downtown Phillipsburg's business district. The upstairs apartments have generously sized bedrooms and an open floor plan that allows for convenient access between the large living room and kitchen. Each apartment faces the street and lets in ample amounts of natural light. Conveniently located near highways 78 and 22, call now for an appointment!

Listing information

  • MLS® ID: 553692
  • Beds: 2
  • Stories: 3
  • Total Square Footage: 2,838 ($31.36 per sq. foot)
  • School District: Phillipsburg
  • Style: Multi-Family
  • Baths: 3 (Full: 3 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Estimated Annual Taxes: $4,499
  • Subdivision: Not in Development
  • Year Built: 1900
  • Status: Active
  • Foreclosure: No
  • County: Other Nj Counties

Features

Area Phillipsburg
Construction Shingle, Vinyl
Cooling Ceiling Fan, No Air
Features Hardwood
Other Electric - 25, Gas - 125, Gross Income - 2350, Heat - 0, Net Income - 1745, Operating Expense - 230, Other Expenses - 0, Water/Sewer - 30, Zoning Code - B-3
Parking None
Property Category Apartment Style, Commercial, Mixed Use
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Keller Williams Real Estate