This historic Riverton triplex, located within direct view of Riverton Park, offers an estimated rental income of up to $4,500+ per month plus a POSSIBLE SUBDIVIDABLE, BUILDABLE LOT INCLUDED IN THE SALE. The property features three separate units. The first floor features two 1-bedroom units - Unit 1 is fully… Read More renovated, vacant, has its own laundry, and offers access to the inviting front porch, while Unit 2 features a charming sunroom/3-season room, efficient kitchen, and cozy living space, currently tenant-occupied. Upstairs, the tenant-occupied second-floor apartment includes a deck just off the kitchen and one existing bedroom and living room, with the potential to convert to two or even three bedrooms for added rental income on the 2nd floor of the unit. There is outside and unit #2 basement access that with some creativity could serve as an additional laundry/storage area for the other two units. To the best of the owner's knowledge and Riverton Borough specifications, the generous lot meets size and setback requirements for subdivision anda0; zoned buildable pending necessary township approvals, offering an excellent opportunity for future development or expansion. This property is ideal for investors seeking strong rental returns or buyers looking for a multi-family home with added building potential in a desirable location. Riverton school district, eye sight to fantastic Riverton Park and all that the historic charm of Riverton has to offer! Property to be conveyed in as-is condition. Seller to do no repairs. Seller will obtain CO. Read Less
Courtesy of Nicholas Strom, Coldwell Banker Realty, [email protected]
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residential
Square Ft.
2,100
Lot Size
0.21 Acres
Year Built
1910
MLS Number
NJBL2094398
30 Days Snapshot Of 08077
$473k
0%
(avg) sold price
15
-25%
homes sold
26
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Outside Entrance, Interior Access, Side Entrance, Unfinished, Walkout Stairs
Building
2,100 sqft living area, Built in 1910, Structure Type: Detached, 1 unit in building, Frame
Cooling
Electric, Window Unit(s)
Accessibility Features
Doors - Swing In
Foundation
Stone
Heating
Natural Gas, Forced Air
Lot
9,200 sqft, Lot Size Dimensions: 100.00 x 92.00, 0.21 acres, Corner, Subdivision Possible
Parking
Concrete Driveway
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, Unit 3, View: Park/Greenbelt, 2 one-bedroom units, 1 two-bedroom unit
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