109-111 RED MILL RD Lebanon Twp, NJ $ 325,000
109-111 RED MILL RD
$ 325,000
Recently Listed

109-111 RED MILL RD

Lebanon Twp, NJ, 08826
$ 325,000
Bedrooms 5 Baths3.0

Monthly Estimate*

$ 1,550

How much can I afford?
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Multi-Family Home for sale in Lebanon Twp, NJ

for $325,000 with 5 bedrooms and 3 full baths. This home was built in 1943 on a lot size of 5.48.

A WELL-MAINTAINED MULTI-FAMILY PROPERTY WITH THREE SEPARATE EASY-TO-RENT RENTAL UNITS WHICH PRODUCE A GROSS ANNUAL INCOME OF $46, 500 WHILE TENANTS PAY OR RE-IMBURSE OWNER FOR BOTH HEAT & ELECTRICITY COSTS. THE PROPERTY FEATURES A DETACHED ONE-STORY COTTAGE AND A TWO-STORY FARMHOUSE TWO-FAMILY COLONIAL, AND ALSO OFFERS A GREAT LOCATION IN A QUIET COUNTRY SETTING ON A LOVELY 5.48AC WOODED LOT JUST MINUTES FROM RT 31 WITH EASY DIRECT ACCESS TO RT 78. THE PROPERTY HAS A GREAT RENTAL HISTORY WITH ALL UNITS HAVING RENTED QUICKLY AS SOON AS THEY WERE ADVERTISED. OFF-STREET PARKING FOR ALL UNITS INCLUDING A GARAGE FOR THE COTTAGE. EASY TO MANAGE WITH A NICE NET OF OVER $34, 000 AFTER RE TAXES AND OTHER EXPENSES. TOTALLY UPDATED WITHIN THE LAST TEN YEARS WITH NEW HEAT, ELECTRIC, KITCHENS, BATHS, WINDOWS, DOORS, ETC.

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Multi-Family Active

Price

$ 325,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,375

Style

Triplex

Lot Size

5.48

Year Built

1943

Town/City

Lebanon Twp

County/Region

Hunterdon

MLS | Web ID

3565344

Features
Interior
Appliances Carbon Monoxide Detector Fire Extinquisher Smoke Detector
Basement Basement Partial Basement
Cooling System Window Unit(s)
Flooring Vinyl-Linoleum Wood Floors
Heating Source Oil
Heating System 2 Units Forced Air Hot Water Heater: Electric
Sewer Septic System
Water Source Shared Well Well
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Exterior
Driveway 2 Car Drive Gravel/Crushed Stone Driveway
Exterior Porch
Garage 1 Car Attached
Lot Description Open Lot Stream/Creek Wooded / Trees
Parking 1 Car Parking 1-20 Parking Spaces Additional Parking Common Parking Off Street Parking
Roof Asphalt Shingles
Siding Aluminum
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Miscellaneous
Other No Warranty Included
Utilities Electric
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* Excluded Features
List By
Robert "Bob" Beatty

Listing Agent

Weichert Realtors

Broker

Affordability Calculator

$2,164
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,550
Monthly Property Taxes
$615
Monthly Home Insurance
--
Edit Insurance and Taxes
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
WOODGLEN Elementary School
VALLEYVIEW Middle School

Map


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109-111 RED MILL RD , Lebanon Twp, NJ, 08826 is a Multi-Family Home for sale at $325,000 with a lot size of 5.48. 109-111 RED MILL RD has 5 bedrooms, 3.0 baths, and was built in 1943. The property's zip code is 08826 which is in Lebanon Twp, NJ