$425,000

ATTENTION INVESTORS: 41-43 Main Street Roebling offers a great opportunity to expand your portfolios. Priced right, this property is more specifically described as being the end of a two story, all brick building that served as the original General Store of Roebling Village. This portion of the building offers 4 individual Condo’s on the 2nd level and two retail spaces on the ground level. All the condo’s are currently rented, 3 on a month to month basis and 1 on a 12 month lease which ends September 30, 2022. The Condo’s feature hardwood floors, 9ft. ceilings, tiled bath and kitchen area. Condo’s are heated by electric heat pumps and have central air. Three of the four tenants have been in their units 5 to 7 years. Under the current tenant/landlord agreement, the tenants pay their electric, cable and tenant insurance, the landlord pays water/sewer and taxes. The two retail spaces on the 1st level total over 3,900 square feet, making the space prime for the possibility of conversion to two to three more Condo’s, pending Township approvals should you opt to go in that the direction, certainly something to consider. There is a full unfinished basement with interior access from the front retail space and an exterior access to all other units should you consider utilizing this additional space for individual storage spaces, laundry, etc., both of which could increase total gross income with minimal outlay. Being located near major highways, rail, and bridges, makes for easy access to NYC, Philadelphia and the Jersey Shore. This property which consists of 4 individual Condos and two Retail Commercial Spaces, is being sold as a package deal, and is being offered in the MLS as a Commercial Sale, MLS #NJBL2013624, and also in the MLS as a Multi Family Property, MLS #NJBL2013648. Please review both for more specific information regarding this property.