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Description

Rare Investment Opportunity " Spectacular 3-Family Home in Dover's Redevelopment Zone! This is a prime investment opportunity in the heart of Dover's thriving area! A true rare find, this versatile 3-family property offers immediate rental income, future growth potential, and multiple possibilities with C-1 zoning! Income-Producing Property: 3 separately metered rental units, ensuring maximized returns! Spacious & Functional Layout: Unit 1 (1st flr.: 1 Bedroom, Living Room, Dining Room, Kitchen & Bath " with a flexible front space that could be converted into an office or additional rental unit! Unit 2 (Side Unit): 2 Bedrooms, 2 Full Bathrooms " a spacious & rare layout perfect for tenants looking for extra comfort! Unit 3 (2nd Flr.): 3 Brs., 1 Bath " with a large open-concept Living & Dining area and 2 side doors for added accessibility! Extra-Deep 200' Lot " Off-street parking, prime development potential! Well-Maintained & Move-In Ready " Clean, renovated apartments with minor wear & tear, all well-maintained for continued investment success. Strong Rental Demand & Upside Potential " Solid rental income with room for escalations & increased ROI! Perfect for Investors, Developers, or Owner-Occupants Looking for Passive Income! Don't miss out on this incredible chance to own a high-demand property in Dover's growing market. Act now before this rare opportunity is gone! Purchase with adjoining property 207 E Blackwell @ $1,400,000 for the package!

Features

Heating System : Baseboard - Hotwater, 3 Units
Cooling System : None, Windowac, Wallunit
Basement : Full, Crawl Space
Roof Deck : Asphalt Shingle
Parking : 5
Parking Description: 1 Car Width, Additional Parking, Blacktop, Circula
Interior Features: Carbon Monoxide Detector, High Ceilings, Vinyl-Lin
Exterior Features: Metal Fence, Open Porch(es), Patio
Lot Description: Open Lot
Tax Assessed Valuation: 334800
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: Electric, Gas-Natural
Internet

Additional Info

Office Name: RE/MAX SELECT
Office MLS ID: 158143
Agent ID: 234919
Tax: 10958
Tax Year: 2024
Application Fee: $0
Zoning: C-1

Multi-Family For Sale

For Sale

$725,000

203 E Blackwell St Abc, Dover Town, *

50 Acre
6
Built Year 1900

Details

Property Type: Multi-Family
Listing Type: For Sale
Listing ID: 5345300
Price: $725,000
Bedrooms: 6
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1900
Year Built Description: Approximate
Lot Area: 50 Acre
Status: Active
Days On Market: 19

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Morris
City Dover Town
Zipcode *
Subdivision: E Blackwell St. - S Salem
Street: E Blackwell St Abc
Street Number: 203
Street Direction: Route 46 to Dover Rockaway Rd. to E Blackwell Stre
Building Name: 203
Floor Number: 0
Longitude: W75° 27' 5.1''
Latitude: N40° 53' 6.6''
Unit Number: ABC
Internet Display Address: Yes