For Sale
$565,000

317-319 Mill StBelvidere, NJ 07823

Nine-unit commercial property, high rental income.

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a rare chance to acquire a multi-family commercial property located at 317-319 Mill Street in Belvidere, New Jersey. The property comprises two separately deeded buildings totaling nine rental units, offering significant income potential. Building 317 features a street-level storefront that previously generated $1000 per month in rent, a basement studio apartment renting for $700 per month (electricity included), and a two-bedroom apartment on the second and third floors renting for $950 per month. The landlord covers oil heating costs for this building. Building 319 includes a basement studio apartment renting for $850 per month (electricity included), a large storefront currently occupied by a hair salon at $550 per month, and one vacant smaller storefront. The second floor boasts a renovated two-bedroom apartment renting for $1200 per month. The third floor contains two one-bedroom apartments

Property Details for 317-319 Mill St

Property type
Square Feet
999 SF
Year Built
1900
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Belvidere
County
Warren
State
New Jersey
Latitude
40.82866
Longitude
-75.07768
317-319 Mill St, Belvidere, New Jersey

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317-319 Mill St
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