20 N Union St, Lambertville, NJ 08530

$725,000

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List Price
$725,000
Price Change
▲ $50,000 1772231737
Days on Market
164
Status
ACTIVE
MLS#
NJHT2004562
Lot Size (Acres)
0.06
Year Built
1823
County
Hunterdon
School District
South Hunterdon Regional

Property Description

Ideally located in the heart of Lambertville, this fully leased three-unit investment property offers a rare opportunity to own a high-performing asset in one of the area’s most desirable river towns. Just steps from renowned shops, acclaimed restaurants, popular coffee spots, the Delaware River, scenic towpath, and the bridge to New Hope, this property delivers exceptional appeal to both tenants and future buyers. Each of the residences is well maintained and in excellent condition, featuring comfortable layouts, abundant natural light, and strong rental demand. All units are currently occupied, providing immediate and reliable income from day one. A standout feature of the property is the expansive rear courtyard - an uncommon amenity in this central location - offering private outdoor space for tenants to enjoy and enhancing long-term tenant retention. With its prime walkable setting, proven rental performance, and close proximity to everything Lambertville and New Hope have to offer, this turnkey property represents an outstanding opportunity for investors seeking stable cash flow with long-term upside in a tightly held market.

Additional Information

Area
Lambertville City (21017)
Taxes
$15659
School District
South Hunterdon Regional
Elementary School
Lambertville
High School
S Hunterdon Regional
Heating
Radiator
Heating Fuel
Oil
Cooling
Window Unit(s), Wall Unit
Roof
Asphalt
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Compass Pennsylvania, LLC. Contact: 2152850933