557 Main St Lumberton, NJ 08048
- Multifamily properties
- 0.34 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 557 Main St
- Year built
- 1825
- Lot size
- 0.34 lot acres
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents a nine-unit multi-family building located at 557 Main Street, Lumberton, New Jersey. Situated on a 0.34-acre lot, this three-level property offers a diverse mix of units to cater to a range of tenants. The building comprises eight one-bedroom, one-bathroom apartments and a single, larger two-bedroom, two-bathroom unit. The unit distribution is thoughtfully arranged: units one through five occupy the main/first floor, units six and seven are located on the second floor, and units eight and nine are situated on the third floor. This configuration provides efficient management and potential for varied rental income streams. The property is priced at $649,900. Square footage information is available through the Lumberton Township Tax Assessor's office. This property presents a strong potential for both immediate rental income and long-term appreciation, making it an attractive addition to any investment portfolio. The convenient location in Lumberton, NJ offers easy access to local amenities and transportation routes. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed financial information and property specifics are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lumberton
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.808
- Latitude
- 39.96248
