Allentown, NJ 08501,6 CHURCH ST
Allentown, NJ 08501,6 CHURCH ST
See all 2 photos

$485,000

$527,000

8.0%
Est.Price: ?

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Est. payment /mo

2,876 SqFt


SOLD DATE : 03/08/2024

Key Details

Sold Price $485,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,876 sqft

Price per Sqft $168

MLS Listing ID NJMM2001866

Sold Date 03/08/24

HOA Y/N N

Originating Board BRIGHT

Year Built 1882

Annual Tax Amount $8,968

Tax Year 2022

Lot Size 2,800 Sqft

Acres 0.06

Lot Dimensions 50X56

Property Description

Don't miss out on this exceptional investment opportunity in the heart of Historic Allentown, NJ! This boutique commercial/residential center, located in downtown Allentown, presents a lucrative prospect for savvy investors. The building encompasses three well-established retail stores on the first floor, attracting a steady stream of customers and ensuring a reliable income stream. On the second floor, an attractive apartment with a loft/attic layout awaits, featuring two comfortable bedrooms, a full bath, and an updated kitchen equipped with modern appliances, including a convenient washer and dryer. The residential space exudes charm and practicality, making it an enticing option for a prospective tenant seeking a cozy living environment. The property's excellent condition is a testament to its upkeep and maintenance. Each unit has been thoughtfully equipped with separate utility meters, ensuring a smooth and efficient billing process for both the tenants and the landlord. Moreover, the recent installation of newer HVAC systems and water heaters adds to the overall appeal, minimizing potential maintenance costs. With all units already occupied and signed leases in place, this investment promises immediate returns and a hassle-free experience for the new owner. Additionally, the availability of extra off-street parking enhances the property's convenience and attractiveness for both tenants and customers.
Seize the chance to be a part of Allentown's historic charm while securing a sound investment with this thriving commercial/residential center. Act fast, as investment opportunities like this rarely last long!

Location

State NJ

County Monmouth

Area Allentown Boro (21303)

Zoning 2SF

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C, Window Unit(s)

Flooring Wood

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

View City

Roof Type Shingle,Metal

Accessibility None

Parking Type On Street, Other

Garage N

Building

Building Description Other, Fire Alarm,Fire Escape,Kitchen

Sewer Public Sewer

Water Public

Structure Type Other

New Construction N

Schools

School District Upper Freehold Regional Schools

Others

Tax ID 03-00017-00054

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Walter Sawka • RE/MAX Tri County
Bought with NON MEMBER • Non Subscribing Office
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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