1410 ROUTE 179 Lambertville, NJ 08530

Great opportunity to own a multi-family home in West Amwell, NJ 08530. The property is located in Hunterdon County, NJ approximately 3 miles from downtown Lambertville, NJ and New Hope, Pennsylvania. The property consists of four residential rental units Unit 1 A that is 1,000 SF ($1,625/month rent- 1 bedroom), Unit 1= 1,300 SF ($1,775/month-1 bedroom, study potential second bedroom), Unit 2= 1,800 SF ($2,150- 2 bedrooms, study and office) and Unit 3 = 1,100 SF ($1,300/month- 1 bedroom) . Separate meters and leases in place 1 year ( First and Second Floor tenants) and a 2 year (Third Floor tenant). Total current income= $82,200/year with potential for additional revenue. The property is located in the Highway Commercial (HC) zone. Brand new oversize septic system just installed ($89,000), new ceiling repaired third floor ($28,000), and new A/C Unit on the second floor ($9,500).

*Expenses are approximate and projected for 2024.

Multiple offers on the property. Please submit all offers to listing agent this by 5 PM this Wednesday February 28, 2024 for consideration. Any questions contact listing agent. Thanks.