2155 Camplain Rd - Multi-Family FOR SALE


Hillsborough, NJ 08844
$699,999 USD
908-548-4652
2155 Camplain Rd, Hillsborough, NJ for Sale
$699,999 USD
Multi-Family - FOR SALE
1/9
null | 9% Cap Rate

2155 Camplain Rd
Hillsborough, NJ 08844


HIGHLIGHTS

  • This property resides on a Large Lot, it is Approximately +/- 0.62 Acre. The Building Size is Approximately is +/- 2,350 sf.
  • There are (2) Units: 2 Bedrooms, 1 Bath on the lower floor and (1) Unit: 1 Bedroom, 1 Bath on the upper floor with a Fire Escape.
  • Tenants are Currently on Month-to-Month with the Rents being under market. Thee is are 2 driveways with approximate room for 10 cars.
  • There is a Full Walkout Basement that leads to the back partially wooded yard. There are two attached staggered decks.
  • Tenants are responsible for their own metered City Gas and Electric. The Hot Water and Baseboard Heat and Stove are gas.
  • House is serviced by Well Water and Septic. The Landlord is responsible for Taxes and Building Insurance.

OVERVIEW

- Calling all Investors! 3 FAMILY INVESTMENT OPPORTUNITY - LONG TERM APPRECIATION - Bridgewater / Hillsborough. Close to major highways Rt-22, Rt-287, Rt-206 Rt-202 and Rt-78. (Note: Sale contingent per owners obtaining current multi-unit certification with township) - Three family, once in a lifetime buy in beautiful Hillsborough. Located on a 0.62 acre property. Two units with two bedrooms, one bath. One unit with one bedroom, one bath. Full walkout basement. Currently tenants are on month-to-month lease. Under Market Rent. 2 Driveways with approximately 10 car parking

FOR SALE DETAILS

PRICE

$699,999 USD

PRICE/SF

$298 USD /SF

# OF UNITS

3

PRICE/UNIT

$233,333

CAP RATE

9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MULTI-FAMILY INVESTMENT OPPORTUNITY

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

Light Industrial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John SicaNewmark Associates CRE, LLCMore Info
908-548-4652

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John SicaNewmark Associates CRE, LLCMore Info
908-548-4652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.