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Key Facts

Type Triplex
Levels Residential Income
Size 2100 sqft
Garage No
Taxes $9,480
Days Active 27
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $273
MLS® Number NJBL2094398

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This historic Riverton triplex, located within direct view of Riverton Park, offers an estimated rental income of up to $4, 500+ per month plus a POSSIBLE SUBDIVIDABLE, BUILDABLE LOT INCLUDED IN THE SALE. The property features three separate units. The first floor features two 1-bedroom units—Unit 1 is fully renovated, vacant, has its own laundry, and offers access to the inviting front porch, while Unit 2 features a charming sunroom/3-season room, efficient kitchen, and cozy living space, currently tenant-occupied. Upstairs, the tenant-occupied second-floor apartment includes a deck just off the kitchen and one existing bedroom and living room, with the potential to convert to two or even three bedrooms for added rental income on the 2nd floor of the unit. There is outside and unit #2 basement access that with some creativity could serve as an additional laundry/storage area for the other two units. To the best of the owner's knowledge and Riverton Borough specifications, the generous lot meets size and setback requirements for subdivision and zoned buildable pending necessary township approvals, offering an excellent opportunity for future development or expansion. This property is ideal for investors seeking strong rental returns or buyers looking for a multi-family home with added building potential in a desirable location. Riverton school district, eye sight to fantastic Riverton Park and all that the historic charm of Riverton has to offer! Property to be conveyed in "as-is" condition. Seller to do no repairs. Seller will obtain CO.Show Description
MLS® NumberNJBL2094398
Laundry Level
Central VacNo
FireplaceNo
Acreage0.21
Exterior
GarageNo
Approx. Age1910
BasementOutside Entrance, Interior Access, Side Entrance, Unfinished, Walkout Stairs
DrivewayConcrete Driveway, Off Street
Garage Spaces
HeatForced Air, Natural Gas
A/CWindow Unit(s), Electric
Heating Fuel

Extras

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