889 Amwell Rd new Save Request In-Person Tour Request Virtual Tour
Hillsborough Twp.,NJ 08844
Key Details
Property Type Multi-Family
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
Interior
Heating OilAbIn
Cooling Attic Fan, Ceiling Fan, Central Air
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Level Lot, Open Lot
Sewer Septic
Water Public Water
Schools
Elementary Schools Woodfern
Middle Schools Hillsboro
High Schools Hillsboro