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.
30 days
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1,234
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45
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Zillow last checked:
Listing updated:
Listed by:
Marc Weitz973-726-7800,
Fairclough Realtors
Source: GSMLS,MLS#: 4035710
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Heating
Baseboard - Electric, Radiators - Hot Water, See Remarks, Electric, Natural Gas
Cooling
See Remarks
Appliances
Included: See Remarks, Electric Water Heater
Features
See Remarks, Bedrooms, Kitchen, Living Room
Basement: Yes,Unfinished
Has fireplace: No
Interior area
Total structure area: 19,998
Total interior livable area: 19,998 sqft
Property
Parking
Total spaces: 4
Parking features: See Remarks
Uncovered spaces: 4
Features
Levels: Two
Stories: 2
Patio & porch: Porch
Exterior features: See Remarks
Lot
Size: 4,356 Square Feet
Dimensions: 45 x 100
Details
Parcel number: 2339013170000000170000
Zoning description: RM75
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
See Remarks
Roof: Asphalt Shingle
Condition
Year built: 1900
Utilities & green energy
Gas: Gas In Street
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Gas In Street, See Remarks
Community & HOA
Location
Region: Wharton
Financial & listing details
Price per square foot: $23/sqft
Tax assessed value: $414,000
Annual tax amount: $10,309
Date on market: 6/19/2026
Total actual rent: 1400
Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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