$689,000
River Rd – Hillsborough, NJ
- 7 Beds
- 5 Baths
- 4,081 SQFT
ZESTIMATE: $718,500
REDFIN: $701,041
Discover this 4,081 sqft renovated triplex combining historical charm with modern amenities. Spanning under 2 acres, this property includes three units with hardwood floors, walk-in closets, private laundry, stainless steel appliances, and new windows.
- Unit 1: 3 bedroom, 2 bathroom (Lease recently renewed at $2650/month)
- Unit 2: 2 bedroom, 2 bathroom (Lease recently renewed at $2200/month)
- Unit 3: 2 bedroom, 1 bathroom (Lease up for renewal in August at $1900/month)
This property also includes an outdoor space with a large front porch and a back deck and patio area, offering tenants additional space. A unique feature of this property is the value-add carriage house in the rear, complete with gas and electric hookups, providing potential for further income. The property also offers a detached garage, previously leased at $100 per month, along with recently installed roof and boiler. With its compelling array of features and income potential, this property is an exceptional opportunity for the astute investor.
- Interior: 4,081 sqft
- Three updated units
- Lot Size: 1.93 acres (84,070.8 sqft)
- Potential Value Add: Detached structure with gas and electric hookups
- Detached Garage generating $100/month
- Year Built: 1919
- Zoning: CR (Central Residential)
- Newly installed Roof and Boiler
- Year Built: 1919
- Annual Property Taxes: $9,655.49
- Base Flood Elevations Determined