MLS® ID: 3468114
102 Rt 15
Lafayette Twp., New Jersey, 07848-2407 $995,000
Welcome to Lafayette & this 3 building downtown complex which is consistently profitable at an impressively high level. Green bldg (102) has 3 retail stores plus 2-1BR & 1-2BR apts. Beige bldg (104) has 2 retail stores (1 is huge) plus 1-2BR apt. Detached stucco rental house (13 Meadows) is 2BR. Constant, fully paid occupancy for retail & apts with waiting list. Cooperative retail arrangement allows store lessees to let space to multiple vendors/artists; everyone is happy and viable. Lots of on & off street parking in this busy crossroads area known for high foot traffic and heavy state highway vehicle count. All the buildings have newer roofs, furnaces, utilities, etc., which, combined with rock-solid financials, will appeal to both investors & owner-occupants. Due diligence will convert interest to offers!