Description
An exceptionally rare investment opportunity in hunterdon county consists of three residential buildings, each with four units, housing a total of 12 apartments. these well-maintained apartment buildings sit on 2.8 picturesque acres in high bridge. currently netting approx. $140k in annual income with the potential for even more, it represents a solid investment with a steady cash flow, long-term tenants, and some below-market rate rentals for an exceptional opportunity. all units have spacious living rooms, expansive and updated eat-in kitchens, full updated baths and a laundry in each unit. ten units have two bedrooms and two units offer three bedrooms. four units have full basements. located in a scenic rural area, the units also offer decks and/or patios and front porches for warm weather enjoyment. each unit has two spaces for off-street parking, public water and sewer. this central location is minutes to train and bus stations as well as routes 78, 22 and 31 for commuters. the area also provides a variety of local dining, shopping, recreational activities and top-rated schools, enhancing this unique investment opportunity. also see commercial mls# 3932187
Property Type
Multi FamilyCounty
HunterdonStyle
2-Two Story, FourplexAD ID
47494703
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Property Details
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Interior Features
Interior Features
- Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Utilities
- Electric, Gas-Propane
Heating & Cooling
- Heating: 3 Units, Baseboard - Electric, Baseboard - Hotwater, See Remarks
- Cooling: 3 Units, Central Air, See Remarks, Window A/C(s)
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Exterior Features
Building Information
- Year Built: 1910
- Construction: Vinyl Siding
- Roof: Asphalt Shingle
Exterior Features
- Deck, Open Porch(es), Patio, Storage Shed
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Property / Lot Details
Lot Information
- Lot Dimensions: 2.80 AC
- Lot Size (Acres): 2.80
- Lake/Water View, Open Lot, Wooded Lot
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Listing Information
Listing Information
- Possession: P.O.T.
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Taxes / Assessments
Tax Information
- Tax ID: 1914-00031-0000-00002-0002-
- Tax Year: 2024
- Parcel Number: 1914-00031-0000-00002-0002-
- Taxes : 45,731
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Open Parking Space: 24
- Parking Features: Blacktop, Common, Off-Street Parking, Parking Lot-Shared
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School, Utilities & Location Details
School Information
- Elementary School: HIGHBRIDGE
- Junior High School: HIGHBRIDGE
- Senior High School: VOORHEES
Utility Information
- Electric, Gas-Propane
- Water Source : Public Water
- Water Heater : Electric
- SEWER : Public Sewer
Location Information
- Direction: Rt 78 to Clinton, Rt. 31 N to R on Rt 513, R on Arch St, Bear L to property on R just past the tunnel bridge.
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BuyOwner last updated this listing 12/22/2024 @ 03:39
- MLS: 3932192
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Garden State MLS - New Jersey
is a Multifamily, with 26 bedrooms which is for sale, it has 0 sqft, 3 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of HIGH BRIDGE , in zip code 08829, this HUNTERDON County Other are nearby neighborhoods.