Listing Courtesy of: 908-319-4144 - KAREN J. MARTINO - TURPIN REAL ESTATE, INC.
908-439-3300
$2,400,000
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31-53 ARCH ST Unit 53 High Bridge, NJ 08829
Multi-Family
Residence
26
Beds
12
Baths
Sq. Ft.
2.8
Acre
Lot
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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 wi...th 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
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MLS#
3932192
Property Type
Multi-Family
Bedrooms
26
Bathrooms
12 Full
Year Built
1910
Lot Size
2.8
Stories
2.0
Sewer
Public Sewer
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