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Description

Rare Investment opportunity in Hillsborough Township, 2 Unit Multi-Family Home. 3 Bedrooms, 1 1/2 Baths in unit A and 2 Bedrooms, 1 1/2 Baths in Unit B. Both units have central A/C, separate heat, separate electric and split the public water. Present cap rate is 7.695, with a little TLC you can achieve a market cap of over 9% at present market rents. Live in one side and rent the other side to have your Tenant help pay your mortgage. No matter how you look at it, this can be a life changing investment!

Features

Heating System : Baseboard - Hotwater, 2 Units
Cooling System : Ceiling Fan, Central Air, Attic Fan
Basement : Unfinished
Roof Deck : Asphalt Shingle
Parking : 9
Parking Description: 1 Car Width, 2 Car Width, Blacktop, Driveway-Exclu
Interior Features: Blinds, Carbon Monoxide Detector, Carpeting, Smoke
Exterior Features: Deck, Open Porch(es), Storage Shed, Storm Door(s)
Lot Description: Level Lot, Open Lot
Tax Assessed Valuation: 442200
Sewer: Septic
Water: Public Water

Appliances

Utilities: Electric

Additional Info

Office Name: RE/MAX HERITAGE PROPERTIES
Office MLS ID: 3986
Agent ID: 252282
Tax: 8578
Tax Year: 2024
Application Fee: $0

Multi-Family For Sale

For Sale

$599,000

889 Amwell Rd, Hillsborough Twp., *

0.54 Acre
5
Built Year 1820

Details

Property Type: Multi-Family
Listing Type: For Sale
Listing ID: 5352814
Price: $599,000
Bedrooms: 5
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1820
Year Built Description: Renovated
Lot Area: 0.54 Acre
Status: Active
Days On Market: 79

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Somerset
City Hillsborough Twp.
Zipcode *
Street: Amwell Rd
Street Number: 889
Street Direction: Rt 202 to Main St in Three Bridges, becomes Old Yo
Floor Number: 0
Longitude: W75° 13' 5.1''
Latitude: N40° 29' 17.7''
Internet Display Address: No