405 S Main St Active

Phillipsburg Town,NJ 08865

$ 350000

2 Beds

2 Baths

2900 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $120

MLS Listing ID 3987593

Style See Remarks

Bedrooms 2

Full Baths 2

Year Built 1900

Annual Tax Amount $8,740

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Welcome to 405-407 South Main Street in Downtown Phillipsburg. This property is mixed use - lower unit is retail, upper is residential. The whole building has been renovated top to bottom and is fully rented. All utilities are separated except for water/sewer - separate electric and separate gas. Retail/street level unit is approx 2000 sq ft, new steel framing, sheet rock, ADA compliant bathroom, flooring, electrical, lighting, fire monitoring system and drop ceiling. Attached is the storage space, currently rented by Retail Tenant. Upstairs, unit was fully painted, appliances replaced, Hardwood floors in living area and bedrooms sanded and stained, LVP installed in hallway and kitchen, bottom kitchen cabinets replaced and bathroom plumbing redone. Forced Hot Air downstairs, Baseboard Hot water Upstairs. New AC unit, new gas furnace, and instant hot water heater installed for retail unit. Residential tenant has 2 year lease from October of 2024. Retail Tenant has 3 yr with extensions from July 2024. Garbage removal included in taxes, parking permits available through town.

Location

State NJ

County Warren

Interior

Heating Gas-Natural

Cooling Central Air, Wall A/C Unit(s)

Exterior

Exterior Feature Cinder Block, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Sewer Public Sewer

Water Public Water

View More
Favorite Go Tour