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USANJHainesport509 Lumberton Rd
509 Lumberton Rd, Home with 0 bedrooms, 0 bathrooms and null parking in Hainesport NJ | Image 1
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$599,000

509 Lumberton Rd, Hainesport, NJ

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3996 sqft
Garage No
Taxes $6,849
Days Active 13
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $149
MLS® Number NJBL2089394

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity is knocking ..... Passive Income Special !!! This 4-unit dwelling is situated on a 1.14-acre lot in the tax-friendly municipality of Hainesport. This 4-plex consists of (1)3-bedroom unit, (1)2-bedroom unit, and (2) 1-bedroom units (one of which is a studio). Additionally, the property features a 3-bay detached garage, which can be leased separately, providing an additional steady stream of income. With some updating and remodeling, this 4-unit multi-family property lends itself to a very positive ROI. All units are occupied with the present leases in different stages of their lease term (below the comparable market rate). NO SEPTIC SYSTEM- PUBLIC WATER and SEWER! The tenant is responsible for their utilities ( gas /electric) and tenant's insurance. The owner is responsible for water/sewer and maintenance of the grounds. Additionally, there is ample parking and a full basement. Home backs up to treed property line, offering a spacious rear yard. Property located Rt off of Route 38 and most convenient to shopping, eateries, and just minutes to Route 295. Opportunities like this don't present themselves often. DO THE MATH !!Set up all showings through the listing agent. .Show Description
MLS® NumberNJBL2089394
Laundry Level
Central VacNo
FireplaceNo
Acreage0
ExteriorExterior Lighting
GarageNo
Approx. Age1910
BasementOutside Entrance
DrivewayOff Street
Garage Spaces
HeatRadiator, Natural Gas
A/CWindow Unit(s), Electric
Heating Fuel

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