
Apartments - Gut Reno Retro Fit Value Add Op | 115 Spring St
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Apartments - Gut Reno Retro Fit Value Add Op 115 Spring St Immeuble residentiel 9 lots 699 773 € (77 753 €/Lot) Newton, NJ 07860



INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Vacant Brick Building - Conversion Ready
- Thor Labs, Newton Memorial Hospital and Sussex County Community College Nearby
- Lack of Inventory for Apartment Renters
- Architect Plans Including MEP Come with Sale, Ready to Submit for Approvals
- Train Coming to Andover (One Town Over) to Connect to NYC and NJ Transit Trains
- Healthy Rents in the Area with No Rent Control
RÉSUMÉ ANALYTIQUE
Iconic 9000 SF Newton Mural Building is available to convert to apartments with retail or offices below.
Current plans reflect 7 Apartments and 2 Retail/Offices. Plans are ready to be able to submit
for approvals. Plans are included in the sale. All new Anderson windows for building ALSO come with sale.
Newton is development friendly, has a constantly increasing positive demographic and a real need for new apartments.
Major employer, hospital and community college all nearby. A wonderful opportunity for any developers or contractors looking
for a Multi Family project with upside in a thriving and upward trajectory town. Municipal Parking is behind the building, town will lease spots
to property owner to enable apartments to be built. Delivered Vacant.
Please contact Marc for more information.
Current plans reflect 7 Apartments and 2 Retail/Offices. Plans are ready to be able to submit
for approvals. Plans are included in the sale. All new Anderson windows for building ALSO come with sale.
Newton is development friendly, has a constantly increasing positive demographic and a real need for new apartments.
Major employer, hospital and community college all nearby. A wonderful opportunity for any developers or contractors looking
for a Multi Family project with upside in a thriving and upward trajectory town. Municipal Parking is behind the building, town will lease spots
to property owner to enable apartments to be built. Delivered Vacant.
Please contact Marc for more information.
INFORMATIONS SUR L’IMMEUBLE
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
1+1 | 7 | - | - |
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Walk Score®
Très praticable à pied (86)
TAXES FONCIÈRES
Numéro de parcelle | 15-00008-03-00008 | Évaluation des aménagements | 283 811 € |
Évaluation du terrain | 74 897 € | Évaluation totale | 358 708 € |
TAXES FONCIÈRES
Numéro de parcelle
15-00008-03-00008
Évaluation du terrain
74 897 €
Évaluation des aménagements
283 811 €
Évaluation totale
358 708 €
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Apartments - Gut Reno Retro Fit Value Add Op | 115 Spring St
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