INVESTMENT & DEVELOPMENT OPPORTUNITY in Branchburg NJ! This is a great opportunity to acquire two occupied income generating properties renovated in 2018 generating over $60K+ per year. Approved plans are available once proof of funding has been received and permits are available after an offer has been accepted for a 3 lot subdivision. On the 3rd lot there are approvals for a 9 unit affordable housing 3 floor apartment building. The city is offering a $225k grant upon completion of the building and a Certificate Of Occupancy. White Multifamily rented for $3150 pcm and the blue house in vacant. Close to all modes of transportation, Raritan Valley College, Bridgewater Mall and interstate 287/78.
3821973
Multi-Family, Other
5
Somerset
3 Full
1.18
Acres
Public
2
Wood Siding
Public Sewer
99,999
Sq. Ft.
11
Cable Available
2 Total
Bathrooms
3
Total:3
Interior Features
- Cooling
- Ceiling Fan(s)
- Heating
- Gas Heat. Forced Air.
- Plumbing
- Gas Water Heater
Exterior / Lot Features
- Roof
- Asphalt
Financial Considerations
2705-00007-0000-00003-0000-
$8,210
Arrows indicate 90 day trend
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