289 White Bridge Rd, Franklin Twp NJ, 08867

Active

289 White Bridge Rd

Franklin Twp NJ, 08867

$949,000

Active

5 Beds

4.5 Baths

Multi-family

Built in 1930

It is rare to find multi-family investment property also featuring a US Post Office. The government entity has a 99 yr lease option, and the residential units are on yearly leases that end December 31st of each year. 2 Studios, a 1 bdrm, and a 2 bdrm are offered also in this multi-faceted investment property. A cottage and 2 car garage are two other points of income. Please see media of listing for rental income breakdown. L shaped country style structure with over 2 acres and a new septic installed in 2018. Seller spent a lot of time, money, and energy properly updating all residential units. Excellent ROI even with the modest rents that are in place. Visit us very soon!

3943958

MLSⓇ ID

February 1, 2025

Listed

February 20, 2025

Updated

Interior Features

Bedrooms: 5
Total Bathrooms: 4.5
Full Bathrooms: 4
Half Bathrooms: 1
Interior Features: Walk-In Closet(s)
Floor Description: Tile, Vinyl
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Electric, Forced Air, Oil, Propane

Exterior/Building Features

Lot Size: 2.21 Acres
Lot Features: Level, Wooded
Architectural Style: Fourplex
Roof: Asphalt, Metal
Sewer: Septic Tank
Patio And Porch: Deck, Patio, Porch
Security: Smoke Detector(s)
Window: Storm Window(s)

Other Property Details

Taxes: $11,089
Tax Frequency: Annually
Days on Market: 5
Garage: Yes
Garage Spaces: 2
Parking: Shared Driveway, Oversized, Detached
Parking Total: 2
View: No
County: Hunterdon
Water Source: Well
Pool: No
Utilities: Cable Available
Zoning: NB

Courtesy of BHHS FOX & ROACH with JACK DECAVAGNAL,
Listing Contact:

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