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Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJHT2000380
Sold Date 01/31/22
Originating Board BRIGHT
Year Built 1862
Annual Tax Amount $17,477
Tax Year 2020
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 82.00 x 114.00 IRR
Property Description
Calling all investors! Located in the heart of Lambertville, which was ranked by Forbes as one of America's Top 15 Prettiest Towns, this attractive multi-family is right on North Main Street and includes paved off-street parking for 7 or more cars. Presently fully occupied, there are 7 units in the building, all with varying layouts. Five are 2-bedroom apartments plus there is one 1-bedroom apartment and one efficiency unit. Recent exterior improvements include a new cement board and brick-front facade with updated entry doors and windows, stucco repair and painting, new gutters/ downspouts, Azek fascia board, soffits, window trim, awnings, walkways, bluestone doorsteps, and new roof. There's new privacy fencing around the property, too. Most apartments have been updated including tile and laminate flooring, appliances, tile bathrooms, and fresh paint. Seven new water heaters, two new gas and five updated boilers. Lambertville and New Hope dining, shopping, and other amenities keep residents happy and units rent easily.
Location
State NJ
County Hunterdon
Area Lambertville City (21017)
Zoning CBD
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Ceramic Tile, Luxury Vinyl Plank, Luxury Vinyl Tile
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Utilities Available Natural Gas Available, Electric Available, Sewer Available, Water Available
Water Access N
View Street
Roof Type Rubber,Flat
Street Surface Paved
Accessibility None
Road Frontage State
Total Parking Spaces 7
Garage N
Building
Lot Description Corner, Irregular, Level, Road Frontage
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Lambertville E.S.
Middle Schools South Hunterdon Regional M.S.
High Schools South Hunterdon Regional H.S.
School District South Hunterdon Regional
Others
Tax ID 17-01077-00005
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Bradley J Sanford • River Valley Realty, LLC
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