Exceptional Investment Opportunity! This well-maintained apartment building, built in 2015, sits on approximately 2 acres and features 13 thoughtfully designed apartments (12 in the Main Building and 1 in the Carriage House). With a mix of 6 one-bedroom and 6 two-bedroom units. Crafted with quality materials, including maple wood floors, Anderson windows, and Corian countertops, providing modern living spaces. Designed as a green building, it offers a low carbon footprint, benefiting both the environment and tenant costs. Each unit features a kitchen, living room, full bath with some units having private balconies or porches. The 9-foot ceilings create an airy feel, while carpeted hallways and double sheetrock walls enhance sound control. Four units are handicapped accessible, promoting inclusivity for all residents. The building includes an alarm and fire sprinkler system, along with a Swiftkey lock system for added security. A 2590-gallon water tank in the basement ensures fire prevention. Enjoy ample off-street parking, a coin-operated laundry area in the basement, and Wi-Fi throughout. Additionally, 2 EV car chargers support electric vehicle use. Located in a scenic rural area, this property offers tranquility while being commutable to Princeton, Flemington, and Lambertville. This property generates over $291,000 in gross rental income annually. A dedicated property manager ensures a well-maintained and thriving space. Don't miss this investment opportunity!
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Listing Snapshot
Price
$3,400,000
Days On Site
194 Days
Bedrooms
N/A
Inside Area (SqFt)
10,705 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.01 Acres
Year Built
2015
MLS® Number
NJHT2003344
Status
Pending
Property Tax
$30,310
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 months ago
Status changed to Pending
2 months ago
Listing updated with changes from the MLS®
6 months ago
Listing first seen on site
General Features
Acres
2.01
Cross Street
Wertsville Rd
Green Energy Efficient
Construction
Parking
Parking Lot
Parking Spaces
20
Security
Smoke Detector(s)
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Total
10705
Utilities
Cable AvailableSewer AvailableWater AvailableElectricity Available
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