$599,000

889 Amwell Rd, Hillsborough Twp., NJ 08844

  • 5 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1820
  • Property Lot Size Icon0.54acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

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!

Listing Status:
Active
Listing Office:
RE/MAX HERITAGE PROPERTIES : 973-598-1700
MLS ID:
3958872
  • General: BlindsCarbon Monoxide DetectorCarpetingSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors
  • Basement: Unfinished
  • A/C: Attic FanCeiling FanCentral Air
  • Heating: 2 UnitsBaseboard - HotwaterOil Tank Above Ground - Inside

This listing courtesy of RE/MAX HERITAGE PROPERTIES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Woodfern Elementary School

425 Woodfern Rd, Hillsborough, NJ, 08844

Grades KG-4

1.37 miles away

H

Hillsborough Township Middle School

260 Triangle Rd, Hillsborough, NJ, 08844

Grades 7-8

7.41 miles away

H

Hillsborough High School

466 Raider Blvd, Hillsborough, NJ, 08844

Grades 9-12

6.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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