Allentown, NJ 08501,6 Church Street
Allentown, NJ 08501,6 Church Street
Allentown, NJ 08501,6 Church Street
See all 3 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 Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,876 sqft

Price per Sqft $168

Municipality Allentown (ALL)

MLS Listing ID 22320905

Sold Date 03/08/24

Originating Board Monmouth Ocean Regional Multiple Listing Service

Year Built 1882

Annual Tax Amount $8,969

Tax Year 2022

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 50 x 56

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 None

Direction From I-195 take Exit 7 towards Allentown NJ. Follow approximately 1 mile into Allentown, #6 Church Street is on your right side.

Rooms

Basement Partial

Interior

Cooling Central Air, Window Unit(s)

Flooring Wood

Exterior

Exterior Feature Display Window

Garage On Street

Roof Type Shingle

Parking Type On Street

Building

Lot Description Sidewalks

Sewer Public Sewer

Water Public

Structure Type Display Window

New Construction No

Others

Senior Community No

Tax ID 03-00017-0000-00054

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Monmouth Ocean MLS (MOMLS)
Listed by RE/MAX Tri County
Bought with Orrico Realty
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