Listed by Aja R. Marshall Krumpfer Realty Group LLC
Bought with Outside Agent Outside Office

$335,000

Est. payment -/mo

$325,000

3.1%

Est.Price: ?

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127 Hemlock Hill Montague, NJ 07827

11 Baths

SOLD DATE : 12/05/2023

Key Details

Sold Price $335,000

Property Type Multi-Family

Sub Type 2 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23027172

Sold Date 12/05/23

Style 2 Family

Full Baths 2

Half Baths 9

Property Sub-Type 2 Family

Property Description

CALLING ALL INVESTORS. Welcome to this well-built side by side mirror image duplex. Each unit with its own separate entrance, separate utilities and new windows, and doors. Could be a great in-law suite. Each unit includes 2 Bedrooms, 1 bonus room/office, eat in kitchen, living room with wood burning fireplace and full walkout basement. Nice size yard. Each unit has its own deck allowing peace and quiet while providing beautiful views of nature. Big walk-out basement with high ceilings, includes washer and dryer hookup, offering plenty of room for storage. Home being sold with 1 tenants in place on month to month basis paying under market value rent. CAP rate could be 10% with a little TLC. Each unit has its own separate utilities. NOTE: Tenants would like to stay if possible. Septic plan shows 4 bedroom system design. No FHA mortgages permitted in this Community (Conventional or Cash only).