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31 Arch St , High Bridge Boro, NJ 08829-2402

$2,400,000

Detail

  • Property ID: 3932192
  • Price: $2,400,000
  • Bedrooms: 26
  • Year Built: 1910
  • Property Status: For Sale

Description

An exceptionally rare investment opportunity in Hunterdon County consists of three residential buildings, each with four units, housing a total of 12 apartments. These well-maintained apartment buildings sit on 2.8 picturesque acres in High Bridge. Currently netting approx. $140k in annual income with the potential for even more, it represents a solid investment with a steady cash flow, long-term tenants, and some below-market rate rentals for an exceptional opportunity. All units have spacious living rooms, expansive and updated eat-in kitchens, full updated baths and a laundry in each unit. Ten units have two bedrooms and two units offer three bedrooms. Four units have full basements. Located in a scenic rural area, the units also offer decks and/or patios and front porches for warm weather enjoyment. Each unit has two spaces for off-street parking, public water and sewer. This central location is minutes to train and bus stations as well as Routes 78, 22 and 31 for commuters. The area also provides a variety of local dining, shopping, recreational activities and top-rated schools, enhancing this unique investment opportunity. Also see Commercial MLS# 3932187

Address

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  • Address: 31 Arch St
  • City: High Bridge Boro
  • State/county: Hunterdon / NJ
  • Zip/Postal Code: 08829-2402
  • Country: United States

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Listing information last updated on 2024-11-23 1:00 PM.