973.595.1500
6 8 Fern Ave Wharton Boro 07885-2211
$450000

Details

REHAB PROJECT---2 Unit Multi Family ready for renovation in Wharton---One side is a complete gut rehab, the other side has a tenant occupying one unit but the unit could use improvements to get to market rents---The rented side is currently paying $1400---Both units are 2 BR and 1 BA units---In the vacant unit there is a good sized attic that could be converted to additional finished space---Since the current owner purchased the property they have made some large scale structural improvements such as complete new roof and flashing---new front deck--asbestos remediation---electrical work, steel support beams in the basement and more---Building is very solid and ready for the next steps of rehab---Tenants pay for all utilities except sewer---Could also be demolished and replaced with a larger multi family unit building.

Basic Information

County : Morris
Style :
Rooms : 12
Bedrooms : 4
Full Baths : 2
Half Baths : 0
Total Baths : 2
LotSize : 45X100
Acres : 0
Living Room Level :
Dining Room Level :
Kitchen Level :
Bedroom 1 Level :
Bedroom 2 Level :
Bedroom 3 Level :
Bedroom 4 Level :
Basement/Description :
Garage :
HeatSource : ,
Heat System : , ,
Cooling System :
Water :
Sewer :
Utilities : , ,

Additional Information

Tax Amount : 10309
Tax Year : 2025
Association Fee :
Grade School :
Middle School :
High School :