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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 $291,000 in gross rental income annually. A dedicated property manager ensures a well-maintained and thriving space. Don't miss this investment opportunity!
| DAYS ON MARKET | 45 | LAST UPDATED | 10/8/2024 |
|---|---|---|---|
| YEAR BUILT | 2015 | COMMUNITY | East Amwell Twp (21008) |
| COUNTY | HUNTERDON | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | East Amwell Twp (21008) |
|---|---|
| HEAT | Baseboard, Electric |
| LOT | 2.01 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| SEWER | Septic Tank |
| TAXES | 30310 |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Well, Private |
MORTGAGE CALCULATOR
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