Stanhope Boro, NJ 07874 16-18 King Street

A remarkable multi-family property with TONS of opportunity, this property offers a unique opportunity for both investors & owner-occupants alike. 16 King Street or the front building is a 1440+ square foot single family home with 3 bedrooms and 1.5 baths. Cozy yet spacious layout, updated kitchen, formal dining room and living room. Tons of charm with thick moldings and hardwood floors. Designated mudroom and laundry room off the back door. FULL unfinished basement offers a ton of storage. Upstairs, the 3 bedrooms & full bath along with some attic space. Level yard offers BOTH units with private outdoor areas and lawn space. 18 King Street or the back building boasts 2 bedrooms & a full bath. Versatile layout, first floor currently used for the living area- tenants created functional space dividing the large 1st floor with bookcases creating laundry & storage area. Upstairs, a compact yet functional kitchen with oven/range, refrigerator and eating area. Roof only 5 years old on back house. Shared public sewer lines & water. Separate oil tanks & electric. Large driveway offers enough space for multiple cars. This property has the potential to make you a lot of revenue or be the ideal set up for your village. Nice location near Stanhope's Main Street and Bell's Mansion. Easy access to Ledgewood Ave / Rt 183 & Rt 46. This multi-family property is a rare find in today's market.