Excellent location at the edge of town and route 22. Charming apartments here have excellent rental history. Who's ready for a nice 8% CAP Rate? Here is a great money-maker in an excellent location. This property has been maintained quite well but still has further to go, if you want to add more value and increase some rents as units open up. Tenants enjoy living in this neat spot at the edge of town; very convenient to walk to parks and some shops from here. Downtown Phillipsburg now has a south Main St. Alliance that is focused on improving the quality of life and downtown streetscapes. In this market it's tough to find really excellent cash-flowing investments. Look no further - here is the perfect jewel to buff and add value to your real estate portfolio!