$1,400,000
Off Market

68 Bartholdi Avenue

Butlerugh, NJ 07405
Type:Purchase
Structure:5+ Family
Zone:Residential

Description

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.

  • Construction Details
      • Property TypePurchase
      • Style5+Family
      • Substyle5-25
    • Condition
      • Year Built1900-1939
  • Community and Neighborhood Details
      • CountyMORRIS
  • Financial Details
      • Taxes Annual$16,048
  • Other
      • MLS #24018515

Location

Keepsake Realty LLCReal Estate Group