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Apartments - Gut Reno Retro Fit Value Add Op 115 Spring St 9 Unité Immeuble d’appartements 1 151 634 $ CAD (127 959 $ CAD/Unité) Newton, NJ 07860



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FAITS SAILLANTS DE 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 DE L'ANNONCE
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.
FAITS SUR LA PROPRIÉTÉ
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 7 | - | - |
Walk Score®
Très pratique à pied (88)
Impôts fonciers
| Numéro de lot | 15-00008-03-00008 | Évaluation des bâtiments | 471 819 $ CAD |
| Évaluation du terrain | 124 512 $ CAD | Évaluation totale | 596 331 $ CAD |
Impôts fonciers
Numéro de lot
15-00008-03-00008
Évaluation du terrain
124 512 $ CAD
Évaluation des bâtiments
471 819 $ CAD
Évaluation totale
596 331 $ CAD
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Apartments - Gut Reno Retro Fit Value Add Op | 115 Spring St
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