Well-maintained 3-unit multi-family property offering strong income potential. Key capital improvements already completed. This property features a spacious 3 BR Unit and two 1 BR Units (one larger than the other), providing a versatile rental mix attractive to a broad tenant base. Recent upgrades include a new roof, furnace and hot water heater in each unit, helping to reduce near-term capital expense concerns. The layout allows for solid rental performance with manageable operating oversight for investors. Conveniently located near major roadways, shopping, dining, and everyday services, the property offers practical access to area amenities and commuter routes. Great return now, with potential for upside. An excellent opportunity for investors seeking a stable, income-producing asset with major mechanical updates already addressed. Great opportunity to acquire a rare 3 unit multi in Morris.
62 Union St, Wharton Boro NJ 07885-2133
Property City
Wharton Boro
Property Price
$729,000
Bedrooms
5
Year Built
1900
Tax Annual Amount
$15661
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.12
MLS Status
Active
MLS #
4007249
Yearly Tax Rate
2.802
Year Built (*numeric)
1900
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
3 Units, Radiant - Hot Water
Lot Size Dimensions
50X100
Data import from
GSMLS