REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,400,000
Est. payment | /mo
2.01 Acres Lot
$ 3,400,000
Est. payment | /mo
2.01 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3928166
Year Built 2015
Annual Tax Amount $31,000
Tax Year 2023
Lot Size 2.010 Acres
Property Description
Exceptional Investment Opportunity! This well-maintained apartment building, built in 2015, sits on approximately 2 acres and features 13 thoughtfully designed apartments (12 in the Main Building and 1 in the Carriage House). With a mix of 6 one-bedroom and 6 two-bedroom units. Crafted with quality materials, including maple wood floors, Anderson windows, and Corian countertops, providing modern living spaces. Designed as a green building, it offers a low carbon footprint, benefiting both the environment and tenant costs. Each unit features a kitchen, living room, full bath with some units having private balconies or porches. The 9-foot ceilings create an airy feel, while carpeted hallways and double sheetrock walls enhance sound control. Four units are handicapped accessible, promoting inclusivity for all residents. The building includes an alarm and fire sprinkler system, along with a Swiftkey lock system for added security. A 2590-gallon water tank in the basement ensures fire prevention. Enjoy ample off-street parking, a coin-operated laundry area in the basement, and Wi-Fi throughout. Additionally, 2 EV car chargers support electric vehicle use. Located in a scenic rural area, this property offers tranquility while being commutable to Princeton, Flemington, and Lambertville. This property generates over $293,280 in gross rental income annually. A dedicated property manager ensures a well-maintained and thriving space. Don't miss this investment opportunity!
Location
State NJ
County Hunterdon
Zoning VAL
Rooms
Basement Crawl Space, Slab, Storage
Interior
Heating Electric
Cooling 4+ Units, Ductless Split AC
Flooring Carpeting, Tile, Wood
Equipment Appliances, Fire Alarm, Handicapped Access, Intercom, Lifts, Security System, See Remarks, Sprinkler System
Heat Source Electric
Exterior
Exterior Feature Composition Siding
Utilities Available Electric
Roof Type Metal, Rubberized
Building
Lot Description Backs to Park Land, Corner, Level Lot
Story 3
Sewer Septic
Water Shared Well
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by WEICHERT REALTORS
GET MORE INFORMATION