26 Elm St, Lambertville, NJ 08530

$385,000
1,120
SqFt

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List Price
$385,000
Days on Market
114
Status
ACTIVE UNDER CONTRACT
MLS#
NJHT2004542
Living Area
1,120
Lot Size (Acres)
0.03
Style
Contemporary
Year Built
1920
County
Hunterdon
School District
South Hunterdon Regional

Property Description

Well-maintained two-family property in the heart of Lambertville - an outstanding opportunity for investors seeking strong income potential in a highly desirable market. On market is the lefthand side of the building. The first-floor unit features an open layout where a bright living area flows into the eat-in kitchen, followed by a full bathroom and a generously sized bedroom with direct access to a fenced backyard. The upper-level apartment includes one bedroom with exposed beams, a full bath, and a combined living and kitchen area with attractive street views - currently vacant and being repainted. Laundry facilities are conveniently located in the basement. This turnkey investment offers immediate rental potential and a proven rental history, with separate utilities for each unit. Owners may choose to occupy one unit while generating income from the other, or maximize returns by leasing both apartments. Located just one block from the D&R Canal and towpath, and within easy walking distance to shops, restaurants, and the NYC bus, this in-town property delivers strong long-term value and consistent demand.

Additional Information

Area
Lambertville City (21017)
Taxes
$7143
School District
South Hunterdon Regional
Elementary School
Lambertville
High School
S Hunterdon Regional
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Compass Pennsylvania, LLC. Contact: 2152850933