Property
Beds
7
Full Baths
4
1/2 Baths
1
Year Built
1934
Sq.Footage
39,996
Unique investment property comprised of 4 units with amazing lake views of Lake Hopatcong. This ONE OF A KIND opportunity consists of four individual homes with separate utilities and long term histories of solid leases in place. ONE MAIN HOUSE & 3 COTTAGES with shared driveway parking, detached storage sheds and small lawn areas. The main house and one of the cottages have been recently updated and the entire property is in overall good condition. Assume all four leases for a seamless transition of ownership with current annual NOI of approximately $54K. Public water and sewer is here! Located in the heart of the popular redeveloped main lake section of Hopatcong surrounded by lake views, lakeside dining, boating and beach activities as well as schools, shopping and transportation. Solid cash flow and higher income potential than current.
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
4
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Baseboard, Electric, Forced Air, Oil, Propane
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Patio and Porch Features
Patio
-
Pool
No
-
View
Lake
Area & Lot
-
Lot Size(acres)
0.38
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Fourplex, See Remarks
Price
-
Sales Price
$849,000
-
Tax Amount
$15,925
-
Zoning
RESIDENTIAL
-
Sq. Footage
39, 996
-
Price/SqFt
$21
HOA
-
Association
No
School District
-
Elementary School
DURBAN AVE
-
Middle School
TULSA TRL
-
High School
HOPATCONG
Property Features
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Sussex
Elementary School
DURBAN AVE
Middle School
TULSA TRL
High School
HOPATCONG
Listing Courtesy of None , RE/MAX SELECT
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FOUNDER
Patrick Bolger
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