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$599,000

Est. payment - /mo

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5 Beds

3 Baths

2,752 SqFt

Under Contract

889 Amwell Rd Hillsborough Twp., NJ 08844

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Tanner Sommese

sellwithtanner@gmail.com +1(973) 222-8247

UPDATED:

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

Listed by RE/MAX HERITAGE PROPERTIES

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Tanner Sommese

Agent | License ID: 2299391

+1(973) 222-8247