105 Filmore St, Phillipsburg Town, NJ 08865
sale
$389,000
|
Other
Courtesy Of UNITED REAL ESTATE
Endless Opportunity with Income-Producing Mixed Use Building! This versatile property offers multiple possibilities for its next owner, being sold vacant. The newly renovated 4-bedroom, 2-bath apartment upstairs provides a steady rental income, while the commercial space on the ground level opens the door to endless business opportunities. Originally operating as a deli, the space can easily be transformed into a convenience store, restaurant,or laundromat. Perfectly situated across from Town Hall, the property offers excellent visibility and convenience. Ample storage is available throughout, including a basement, backroom, and even underground exterior storage. Each unit has separate heating systems, with two furnaces/AC units dedicated to the commercial space and a boiler for the apartment. Additional upgrades include a brand-new 200-amp service for the commercial unit, updated flooring, and more. This is a fantastic opportunity to run your own business while the rental income from the apartment helps cover expenses!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Block
- Floors: 2
- Heating System: Heat Pump (Heating)
- MLSID: 3987757
- Roof Type: Asphalt
- Roof Type: Shingle
- Rooms: Basement
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