289 White Bridge Rd new

Franklin Twp.,NJ 08867

$ 949000

5 Beds

4.5 Baths

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3943958

Style Fourplex

Bedrooms 5

Full Baths 4

Half Baths 1

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 Electric,GasPropL,OilAbOut

Cooling 4+ Units, Wall A/C Unit(s), Window A/C(s)

Exterior

Exterior Feature Vinyl Siding, Wood

Parking Features Detached Garage, Loft Storage, Oversize Garage

Garage Spaces 2.0

Utilities Available See Remarks

Roof Type Asphalt Shingle, Metal

Building

Lot Description Level Lot, Open Lot, Wooded Lot

Sewer Septic

Water Well

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