Hillsborough Twp., NJ 08844,889 Amwell Rd
Hillsborough Twp., NJ 08844,889 Amwell Rd
Hillsborough Twp., NJ 08844,889 Amwell Rd
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$599,000
Est. payment /mo
5 Beds
3 Baths
2,752 SqFt
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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,752 sqft

Price per Sqft $217

MLS Listing ID 3958872

Style Duplex-Side by Side

Bedrooms 5

Full Baths 2

Half Baths 2

Year Built 1820

Annual Tax Amount $8,578

Tax Year 2024

Lot Size 0.540 Acres

Property 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!

Location

State NJ

County Somerset

Rooms

Basement Unfinished

Interior

Interior Features Blinds, Carbon Monoxide Detector, Carpeting, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Heating Oil Tank Above Ground - Inside

Cooling Attic Fan, Ceiling Fan, Central Air

Heat Source Oil Tank Above Ground - Inside

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Level Lot, Open Lot

Sewer Septic

Water Public Water

Architectural Style Duplex-Side by Side

Schools

Elementary Schools Woodfern

Middle Schools Hillsboro

High Schools Hillsboro

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by RE/MAX HERITAGE PROPERTIES
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agent

Patrice Penda

+1(201) 907-2791

REALTOR® | License ID: 2187041

REALTOR® License ID: 2187041

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