108 NJ-23 S, Hamburg Boro, NJ 07419

$649,900
8
BD
4
BA

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List Price
$649,900
Status
ACTIVE
MLS#
4033474
Price Change
▼ $40,000 1788914821
Bedrooms
8
Bathrooms
4
County
Sussex
City
Hamburg Boro
Year Built
1900

Property Description

Take a look at this stunning two-family duplex!! This completely gut-renovated two family property is a rare turnkey opportunity with huge income potential. Every square inch of the building has been redone, including new electrical, plumbing, heating, flooring, roof, utilities, central A/C, and more. Each unit features an absolutely massive layout with 4 bedrooms, 2 full baths, separate utilities including separate water, brand-new stainless steel appliances, and beautifully finished interiors throughout. The floorplans are spacious, functional, and exceptionally hard to find. Outside, the property offers a huge oversized parking lot with ample off-street parking. Conveniently located on Route 23 in Hamburg, close to local shops, restaurants, and everyday amenities, the property also offers Highway Commercial zoning for buyers seeking added flexibility or potential business use. With projected rents of approximately $3,800 per unit and an estimated 8-10% cap rate, this is an outstanding opportunity for an investor, an ideal owner-occupied setup, or anyone seeking a versatile, high-income property. A true must-see with rare scale, flexibility, and upside!

Additional Information

Exterior
Vinyl Siding
Basement
Yes
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

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Calculator source: Real Geeks

Listing Courtesy Of KELLER WILLIAMS PROSPERITY REALTY, Contact: 973-696-0077