889 Amwell Rd Under Contract Save Request In-Person Tour Request Virtual Tour
Hillsborough Twp.,NJ 08844
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
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