This property portfolio consists of 26 Residential and 1 Commercial unit.
[1 of 4] 34 Lewis Street - 12 Residential Units
This is a beautiful 12 unit is a 4 story apartment building with
all 2 bedroom apartments and private parking lot. Located
in a busy residential section of the city close to transit,
shopping, and dining with a short commute to several large
employment centers.
Improvements
DLP has renovated 8 of the units at 34 Lewis Street. The units
all have beautiful original hardwood flooring, and the refurbished
units contain updated kitchens and fresh paint. The
common areas have all been painted and are very well maintained.
The gas burner was completely replaced in 2016, significantly lowering operating costs substantially.
[2 of 4] 582 S Main Street - 7 Residential Units
This is a beautiful converted school house has 7 units all 2
bedroom apartments. Large beautiful apartments with a New
York style feel. Located in a busy residential section of the
city close to transit, shopping, and dining with a short commute
to several large employment centers.
Improvements
DLP has renovated 4 of the units at 582 Main Street. The units
all have beautiful original hardwood flooring, and the refurbished
units contain updated kitchens and fresh paint. The
common areas have all been painted and are very well maintained.
The gas burner was completely replaced in 2016. New
carpet was installed in the four renovated, also.
[3 of 4 ] 774-776 Main St - 5 Residential Units
774-776 Main St consists of both sides of a twin home converted into six
revenue producing apartments. There are 3 one bedroom apartments,
2 two bedroom apartments, and 1 large three bedroom apartment. The
property is located in a desirable section of the growing city of Phillipsburg
and is convenient to transit, shopping, dining, and entertainment.
Improvements:
DLP purchased this property in 2015 and has since renovated every
apartment. The renovations included modernizing the kitchens, replacing
carpeting, and painting. And in addition, all common areas have been
refreshed with paint.
[4 of 4] 469 S Main St - 2 Residential / 1 Commercial Unit
469 Main St is a three unit multifamily property located in desirable
Phillipsburg, NJ. The property consists of two apartments and a
commercial rental. One of the residential apartments is a one bedroom
while the other is a four bedroom. The property is situated in a
residential area with easy access to transit, shopping, and dining. All
utilities except for common area electric and water/sewer are in the
resident’s name.
Improvements:
DLP purchased this property in 2015 and has since performed a full
renovation on both residential units and a complete fit out of the
commercial space. The residential renovations included fresh paint
and modernizing kitchens.
