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    127 Hemlock , A&B

    Montague Twp., NJ 07827
    • $215,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 3690953
    UPDATED: 145 min ago
    $215,000
    • 6
      BEDS
    • 0.49
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    BUY THIS 2-FAMILY HOME AND LET YOUR TENANT PAY YOUR MORTGAGE, or almost all of it! INVESTORS-opportunity for good ROI Well-built duplex modeled on Cape Cod style. 3 BRs 1 Ba in ea unit. Current Cap Rate 8.4%. Could be 12.95%+ with a little TLC . FULL Unfinished basements with walkouts. Oil Heat. Both Units currently rented month to month UNDER MARKET VALUE at $1200 per mo. Rent with unfinished basement should be $1600 after some TLC, more if basement is finished. Poured concrete foundation. Individual decks. Two above ground oil tanks. NOTE: interior pictures of Unit 1 only & not current. Septic plan shows 4 bedroom system design.

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    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-02-28T10:46:26.403.
    www.gardenstatehomesearcher.com/homes/114021439
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    127 Hemlock , A&B Montague Twp., NJ 07827

    • Price: $215,000
    • Status: Active
    • Updated: 145 min ago
    • MLS #: 3690953
    6
    Beds
    2
    Baths
    0
    ½ Baths
    0.49
    Acres
    1987
    Built
    Neighborhood:
    High Point Country Club
    County:
    Sussex
    Area:
    Montague Twp.
    Elementary School:
    Montague
    Middle School:
    Montague
    High School:
    High Point
    Property Description
    BUY THIS 2-FAMILY HOME AND LET YOUR TENANT PAY YOUR MORTGAGE, or almost all of it! INVESTORS-opportunity for good ROI Well-built duplex modeled on Cape Cod style. 3 BRs 1 Ba in ea unit. Current Cap Rate 8.4%. Could be 12.95%+ with a little TLC . FULL Unfinished basements with walkouts. Oil Heat. Both Units currently rented month to month UNDER MARKET VALUE at $1200 per mo. Rent with unfinished basement should be $1600 after some TLC, more if basement is finished. Poured concrete foundation. Individual decks. Two above ground oil tanks. NOTE: interior pictures of Unit 1 only & not current. Septic plan shows 4 bedroom system design.
    Exterior Features

    Approximate Lot Size .48 AC Exterior Description Vinyl Siding Exterior Features Deck Lot Description Corner Number Of Parking Spaces 6 Parking Driveway Description GravelOff-Street Parking Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description FullUnfinishedWalkout Cooling None Heating 2 UnitsBaseboard - Hotwater Interior Features Carbon Monoxide DetectorCarpetingFire ExtinguisherSmoke DetectorVinyl-Linoleum Floors Total Number Of Rooms 10 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherKitchen Exhaust FanRange/Oven - ElectricRefrigeratorSelf-Cleaning OvenSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 1 Unit1 Handicap Modified No Unit1 Levels 3 Unit1 Room Description BedroomsEat-In KitchenLiving RoomStorageUtility Room Unit1 Rooms 5 Unit1 Security Deposit 1200 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorDishwasherKitchen Exhaust FanRange/Oven - ElectricRefrigeratorSelf-Cleaning OvenSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 1 Unit2 Levels 3 Unit2 Room Description BedroomsEat-In KitchenLiving RoomStorageUtility Room Unit2 Rooms 5 Unit2 Sq Ft 0

    Property Features

    Assessment Total 225400 Building Assessment 190500 Building Number 127 Easement Unknown Exclusions Tenants Personal Property Expenses Include InsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Oilabin Gross Operating Income 28800 Land Assessment 34900 Net Operating Income 18251 Services Cable Tv AvailableGarbage Extra Charge Sewer Septic Tax Amount 6579 Tax Rate Amount 2.818 Tax Rate Year 2019 Tax Year 2020 Total Operating Expense 10549 Unit Style 2-Two StoryDuplex-Side By Side Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays HeatTenant Pays Water Unit1 Rent 1200 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays HeatTenant Pays Water Unit2 Rent 1200 Unit2 Security Deposit 1800 Utilities All UndergroundElectric Water Public WaterWater Charge Extra Water Heater ElectricFrom Furnace Year Built Description Approximate Zoning R-4

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of United Real Estate.


    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-02-28T10:46:26.403.
     
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    The Dekanski Home Selling Team :: RE/MAX 1st Advantage
    170 Inman Avenue
    Colonia NJ, 07067