289 White Bridge Rd new

Franklin Twp.,NJ 08867

$ 949000

- Bed

- Bath

3987 SqFt


Key Details

Property Type Condo

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,987 sqft

Price per Sqft $238

MLS Listing ID 3943959

Year Built 1930

Annual Tax Amount $11,089

Tax Year 2024

Lot Size 2.210 Acres

Property 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!

Location

State NJ

County Hunterdon

Zoning NB

Interior

Heating See Remarks

Cooling See Remarks

Flooring Carpeting, Laminate, Tile, Wood

Equipment Appliances, Smoke Detector

Exterior

Exterior Feature Vinyl Siding, Wood

Garage Spaces 20.0

Utilities Available See Remarks

Roof Type Asphalt Shingle, Metal

Building

Lot Description Level Lot, Open Lot, Wooded Lot

Story 2

Sewer Septic

Water Well

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