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204 ATLANTIC STREET, BRIDGETON, NJ 08302
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$475,000
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Home Details for 204 ATLANTIC STREET
Price
$475,000
Type
multi family
Year Build
1900
Lot Size
0.39
Basement
Unfinished
Tax
$17,361
MLS®️ Listing#
NJCB2019464
On exitrealty.com
123 days
Property Description
Discover a rare opportunity with this Class A Rooming House (Current New Jersey State License) located in the charming town of Bridgeton, NJ. Built in 1900, the property boasts 13 units within two buildings. It is currently operating at approximately 65% occupancy with current rental agreements in place. This type of asset offers a stable and consistent income stream. The property stands out in today’s market as a hard-to-find asset class, providing a unique blend of historic charm and modern income potential.
The main building is sprinklered with a fire escape exit. Eleven out of the thirteen units are in building one. Building two has two of the thirteen units with driveway access from the rear street. There is hookup in the basement of building one for a shared laundry room.
Outline of floor plan/layout below:
MAIN HOUSE - INTERIOR ROOMS with common area entrance
First Floor
Room 1 - One Room, Full Bath, Kitchenette
Room 2 - Two Rooms, Full Bath, Kitchenette
Second Floor
Room 5 - One Room, Half Bath (toilette and sink), small fridge, and microwave
Room 6 - One Room, Sink
Room 7 - One Room, Toilette, Sink - Vacant
Room 8 - One Room, Sink Only
Room 9 - One Room, Toilette, Sink
Third Floor
Room 12 - One Room, Toilette, Sink
Room 14 - One Room, Sink
MAIN HOUSE - EXTERIOR ROOMS - Separate entrances to each unit/room via side porches
Room 3 - One Room, Full Bathroom, Kitchenette, Sink
Room 4 - One Room, Toilette, Shower, Kitchenette
BUILDING TWO - SEPERATE STRUCTURE
Room 10 - Two Rooms, Full Bath, Kitchen
Room 11 - Kitchenette, Toilette, Shower
Read more
- Cooling Information
- None
- Heating Information
- Baseboard - Hot Water
- Water Features
- Public
- Basement
- Unfinished
Listing courtesy: Warner Real Estate & Auction Company - 8567694111
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-12-06 03:23:44
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$475,000
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