16 Greenwich St, Belvidere Twp., NJ 07823

Property Description

Welcome to the iconic Painted Lady Victorian in the heart of historic Belvidere! Built in 1888 and beautifully renovated, this distinctive three-unit property offers 4,238 square feet of space, presenting a unique opportunity for investors or owner-occupants. The property is currently operated as a short-term rental property through Airbnb, providing an established income-producing use, while conversion to traditional long-term rentals may offer an opportunity to enhance occupancy consistency and potentially improve net operating income, subject to applicable regulations, lease terms and operating expenses. The property features two spacious residential apartments, each offering its own private living space, along with a versatile first-floor space with a private entrance that may offer additional residential or commercial/retail possibilities. Historic Victorian character is complemented by modern improvements, including updated plumbing, electrical and natural gas systems, while high ceilings and distinctive architectural details preserve the charm of this classic Painted Lady. Conveniently located in the heart of Belvidere with access to Routes 31, 46 and I-80, 16 Greenwich Street offers a rare combination of historic character, flexible space, existing short-term rental use and potential for multiple income strategies. Buyer to perform due diligence regarding zoning, permitted uses, short- and long-term rental requirements and projected income.