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.
Property Features
Heating Information
Baseboard
Electric
Forced Air
Oil
Propane
Basement
Unfinished
Walk-Out Access
Cooling Information
Window Unit(s)
Water Features
Public
Utilities
Propane
School Information
School Information for 460 River Styx Road, Hopatcong Boro, NJ 07843