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Description

It is rare to find multi-family investment property also featuring a US Post Office. The government entity has a 99 yr lease option, and the residential units are on yearly leases that end December 31st of each year. 2 Studios, a 1 bdrm, and a 2 bdrm are offered also in this multi-faceted investment property. A cottage and 2 car garage are two other points of income. Please see media of listing for rental income breakdown. L shaped country style structure with over 2 acres and a new septic installed in 2018. Seller spent a lot of time, money, and energy properly updating all residential units. Excellent ROI even with the modest rents that are in place. Visit us very soon!

Features

Heating System : Forced Hot Air
Cooling System : Wall A/c Unit(s), Window A/c(s), 4+ Units
Basement : Unfinished, Crawl Space
Roof Deck : Asphalt Shingle, Metal
Parking : 20
Parking Description: Additional Parking, Crushed Stone, Driveway-Shared
Interior Features: Carbon Monoxide Detector, High Ceilings, Smoke Det
Exterior Features: Deck, Enclosed Porch(es), Open Porch(es), Outbuild
Lot Description: Level Lot, Open Lot, Wooded Lot
Tax Assessed Valuation: 368900
Sewer: Septic
Water: Well

Appliances

Utilities: See Remarks

Additional Info

Office Name: BHHS FOX & ROACH
Office MLS ID: 000338
Agent ID: 271620
Tax: 11089
Tax Year: 2024
Application Fee: $0
Zoning: NB

Multi-Family For Sale

For Sale

$949,000

289 White Bridge Rd, Franklin Twp., *

2.21 Acre
5
Built Year 1930

Details

Property Type: Multi-Family
Listing Type: For Sale
Listing ID: 5333545
Price: $949,000
Bedrooms: 5
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1930
Year Built Description: Approximate
Lot Area: 2.21 Acre
Status: Active
Days On Market: 0

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Hunterdon
City Franklin Twp.
Zipcode *
Street: White Bridge Rd
Street Number: 289
Street Direction: Quakertown Rd to Whitebridge Rd, in Hunterdon Coun
Floor Number: 0
Longitude: W75° 3' 25.1''
Latitude: N40° 33' 59.6''
Internet Display Address: No