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44 ORCHARD ST , Dover Town, NJ 07801-4510

$819,000

Detail

  • Property ID: 3688557
  • Price: $819,000
  • Garage: 7
  • Year Built: 1929
  • Property Type: Commercial Sale/Lease
  • Property Status: Commercial

Description

Amazing opportunity for all investors or owner-operators! This beautifully detailed Victorian 2-family home w/ adjacent medical/dental office has a long rental history and provides a great net return. There are architectural plans on file to convert the walk-up attic into a 3rd apartment and the 400 SF basement space can also be converted into a separate office space. These improvements would greatly increase the net return and push this property into a CAP rate unseen in today’s market. All units have separate utilities, and there is an private parking lot that can accommodate 7 vehicles. The medical office is currently configured for a dentistry practice and features a reception area, waiting room, kitchenette, 5 treatment rooms, 2 consultation offices and a laboratory. Each apartment is 2BD, 1 BA.

  • Address: 44 ORCHARD ST
  • City: Dover Town
  • State/county: MORRIS / NJ
  • Zip/Postal Code: 07801-4510
  • Country: United States

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Listing information last updated on 2024-05-17 12:00 AM.