Unique investment property comprised of 4 units with amazing lake views of Lake Hopatcong. This ONE OF A KIND opportunity consists of four individual homes with separate utilities and long term histories of solid leases in place. ONE MAIN HOUSE & 3 COTTAGES with shared driveway parking, detached storage sheds and small lawn areas. The main house and one of the cottages have been recently updated and the entire property is in overall good condition. Assume all four leases for a seamless transition of ownership with current annual NOI of approximately $54K. Public water and sewer is here! Located in the heart of the popular redeveloped main lake section of Hopatcong surrounded by lake views, lakeside dining, boating and beach activities as well as schools, shopping and transportation. Solid cash flow and higher income potential than current.
Listed By
Agency Name: RE/MAX SELECT
Agency Contact: 973-625-0450
Shown By
Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark
Estimated Payment
$ 3,464.21 per month $1,889.51 Principal & Interest $1,327.08 Property Tax $247.63 Homeowner's Insurance
460 River Styx Road | MLS# 4026895
This multi-family property located at 460 River Styx Road, Hopatcong, NJ 07843 is currently listed for sale with an asking price of $849,000. Search Hopatcong real estate on www.livelovephilly.com today.