31-53 Arch St, High Bridge Boro, NJ 08829 (Off Market)

For Sale, USD 1,872,612


31-53 Arch St, High Bridge Boro, NJ 08829,

Property Type : Other Residential

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

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 with 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 Multi-Family MLS# 3932192
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31-53 Arch St, High Bridge Boro, NJ 08829, United States,New Jersey is a New Jersey luxury Other Residential listed for sale USD 1,872,612. This high end New Jersey Other Residential is comprised of 0 bedrooms and 0 baths. Find more luxury properties in New Jersey or search for luxury properties for sale in New Jersey.