13 7th St

Terrific opportunity to own an investment property or live in one unit and have the rental income pay your mortgage. First floor unit features living room with wood floor, eat-in kitchen, bedroom, full bath with tub/shower and separate laundry room with washer and dryer (currently vacant). The second floor has new carpeting, living room, two bedrooms, full bath with tub/shower and large eat-in kitchen with gas range & laundry area (currently vacant). Rental income stated was for previous tenants and on the low side. Current rents could be higher. The third unit is an attached two-room studio apt, occupied with a two-year lease. Current rent is $925/month and 2nd year goes up to $975. There is off-street parking in the rear via a shared alley driveway. Features large shaded back yard with two storage sheds. Current DCA Certificate of Inspection issued 10/03/2023. Situated steps away from the Delaware River towpath providing biking, jogging and hiking trail. Frenchtown is one of Hunterdon County's best kept secrets--a small, quaint and charming town nestled right on the Delaware River featuring antique shops and casual & fine dining options. Stockton, Lambertville and New Hope are nearby with easy access to Rt. 78.