This 5-unit apartment building in Sussex presents a fantastic investment opportunity. Each of the 5 units offers a 1-bedroom, 1-bathroom layout, all are currently rented with leases in place. The property's great location near downtown stores and shopping appeals to the masses. The property was recently renovated, including a new roof, new vinyl shutters, appliances, carpeting, and paint. All units are currently rented at market value. This turnkey property is ideal for investors seeking a reliable investment in a desirable location.
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Location
3 Church St, Sussex Boro, NJ 07461
Status
For Sale
Property Amenities
Area & Lot
Lot Area4,356 Sq.Ft.
Living area2,928 Sq.Ft.
MLS® ID3934596
Year Built1910
TypeCommercial
StatusFor Sale
Exterior
Stories2
Air conditioningWindow Unit(s)
Heat typeBaseboard, Electric
Water SourcePublic
Garage Space8.0
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
ParkingOff Street
RoofAsphalt
Finance
Sales Price$975,000
Real Estate Tax$6,756 yearly
Wantage, NJ
While rural and widely spread, people seem to know everyone, and the atmosphere is hometown friendly.