BEDS6
BATHS3 full
MLS#4059164
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
PRIME INVESTMENT OPPORTUNITY -TWO LOTS 7 & 7.01 What better way to build your investment portfolio than with a property where one of the biggest steps toward future development potential zoning is already in place! Strategically positioned along highly traveled Route 206, this property offers investors, developers, and entrepreneurs an exciting opportunity to capitalize on a prime location with long-term income-producing potential (currently producing $6300 a month as is).LOCATION! The surrounding area has experienced significant growth and development interest, making this an attractive opportunity for those looking to get ahead of the curve. With convenient access to Interstate 80, Routes 46, 183, and 206, the property offers excellent connectivity, accessibility, and exposure. Enjoy the appeal of Sussex County while remaining minutes from Morris County, major commercial corridors, shopping, dining, and commuter routes. Stanhope combines small-town charm with exciting development potential. With an established zoning framework and the Borough's focus on future housing and development, this property presents an opportunity to explore your next investment venture. All proposed uses and development plans are subject to municipal approvals, zoning regulations, and buyer due diligence.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window A/C(s)
Fuel Type: Oil Tank Above Ground - Outside
Garage: 1
Heating: Baseboard - Hotwater
Lot Size: 0.75 Acres
Roof Type: Asphalt Shingle
Taxes: $16,183
Year Built: 1960
Feature Descriptions
Days on Site: 1
Driveway: Additional Parking, See Remarks
Exterior: Vinyl Siding
Lot Dimensions: 0.75 acre(s)
Parking Notes: Built-In Garage
Sewer: Public Sewer
Water: Public Water
Local Schools
High School: LENAPE VLY
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS INTEGRITY
Agency Contact: 973-726-0088
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,410.20 per month $1,822.74 Principal & Interest $1,348.58 Property Tax $238.88 Homeowner's InsuranceChange Payment Information
263 Us Highway 206 | MLS# 4059164
This multi-family property located at 263 Us Highway 206, Stanhope, NJ 07874 is currently listed for sale with an asking price of $819,000. Search Stanhope real estate on www.realtymark.net today.