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    70 Main Street

    Stanhope, NJ 07874
    • $620,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 22103519
    Price Reduced
    UPDATED: 41 min ago
    $620,000
    • 7
      BEDS
    • 0.13
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $207
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Ratings & Info

    Description

    NEWLY RENOVATED. Great for Investors. Currently $4350 total rent. Rent could be increased from $1500 to $2000 on the 2nd/3rd floor unit bringing total to $4850. Lease expires April 1st. 7 bed 3 bath. This parcel has 2 detached homes on property. Ideal for an owner occupant who would like to live for free while the other units cover the mortgage.The two family first floor is 1Bed 1Ba and the 2nd unit is 3Bed 1 Ba. There are many new windows, the deck has been updated, repaired and stained, all new appliances on 2nd floor. The single family home is 3 Bed 1Ba. new windows, new appliances, new fence.New boiler, new oil tank. Separate utilities. Freshly painted.There are many new windows, the deck has been updated, repaired and stained, all new appliances on 2nd floor. New boiler, new oil tank. Freshly painted. New siding and Separate utilities for all units. The gray home is a single family. Several new windows.All new appliances. New fence. Freshly painted.This home is eligible for FHA and conventional financing and currently has a conventional note. In the eyes of the bank this is simply considered a 3 family home and would be ideal for an owner occupant who would like to live for free while the other units cover the mortgage. LAND CAN BE SUBDIVIDED INTO TWO SEPARATE PARCELS DIVIDING UP THE HOMES INTO TWO; MAKING ONE SINGLE FAMILY AND ONE MULTI FAMILY. BASEMENT IS ADDITIONAL 1500 SQ FT. THAT CAN BE FINISHED.

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    © 2021 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2021-03-04T07:19:50.753.
    www.candiesellshomes.com/homes/114023913
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    70 Main Street Stanhope, NJ 07874

    • Price: $620,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 22103519
    7
    Beds
    3
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,000
    SQFT
    $207
    $/SQFT
    1890
    Built
    Neighborhood:
    None
    County:
    Sussex
    Area:
    Stanhope (STN)
    Property Description
    NEWLY RENOVATED. Great for Investors. Currently $4350 total rent. Rent could be increased from $1500 to $2000 on the 2nd/3rd floor unit bringing total to $4850. Lease expires April 1st. 7 bed 3 bath. This parcel has 2 detached homes on property. Ideal for an owner occupant who would like to live for free while the other units cover the mortgage.The two family first floor is 1Bed 1Ba and the 2nd unit is 3Bed 1 Ba. There are many new windows, the deck has been updated, repaired and stained, all new appliances on 2nd floor. The single family home is 3 Bed 1Ba. new windows, new appliances, new fence.New boiler, new oil tank. Separate utilities. Freshly painted.There are many new windows, the deck has been updated, repaired and stained, all new appliances on 2nd floor. New boiler, new oil tank. Freshly painted. New siding and Separate utilities for all units. The gray home is a single family. Several new windows.All new appliances. New fence. Freshly painted.This home is eligible for FHA and conventional financing and currently has a conventional note. In the eyes of the bank this is simply considered a 3 family home and would be ideal for an owner occupant who would like to live for free while the other units cover the mortgage. LAND CAN BE SUBDIVIDED INTO TWO SEPARATE PARCELS DIVIDING UP THE HOMES INTO TWO; MAKING ONE SINGLE FAMILY AND ONE MULTI FAMILY. BASEMENT IS ADDITIONAL 1500 SQ FT. THAT CAN BE FINISHED.
    Exterior Features

    Exterior DeckFenceStorm Door(S) Garage No Garage Type None Lot Description Level Parking Driveway Common Parking Spaces 8.00 Pool YN No Roof Shingled Siding Vinyl Water View No Waterfront No

    Interior Features

    Basement FullTenant StorageWalk-Out Basement YN Yes Beds Unit1 3 Beds Unit2 1 Beds Unit3 3 Fireplace No Floors Ceramic TileWood Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Heat AC Electric BbHwbb Heat Fuel ElectricOil Above Ground Master Bed Level Unit1 1 Master Bed Level Unit2 1 Master Bed Level Unit3 2 Special Needs Support Rails Unit1 DryerElectric MeterElectric StoveRefrigeratorWasher Unit2 DishwasherDryerElectric StoveRefrigeratorWasher Unit3 DishwasherDryerElectric StoveRefrigeratorWasher Water Heater Electric

    Property Features

    Assessment Land 50800.00 Assessment Status Assessed Assessment Total 191700.00 Deed Restrictions No Financing CashConventionalFhaVa Handicap Access Yes Improvements Assessment 140900.00 Landlord Pays Garbage RemovalSewerWater Multifamily Type Three Family Owner Individual(s) Rent Unit1 1650.00 Rent Unit2 1200.00 Rent Unit3 1500.00 Tax Year 2020 Taxes 8128.00 Tenant Pays ElectricityHeat Water Sewer Public SewerPublic Water

    Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Deborah Bajada of Keller Williams Realty Spring Lake.


    © 2021 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2021-03-04T07:19:50.753.
     
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    Wall NJ, 07719