460 River Styx Road

Hopatcong NJ 07843

0.38 ac.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

7 bedrooms

5 bathrooms

0.38 ac. lot size

Multi-Family

Property history for 460 River Styx Road

2020

Sold

$575,000

14 Jan 2020

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Local market activity for 7 bedroom multi families in Hopatcong

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Lori Caruso

at RE/MAX Select

View listing

Sales:: (619) 566-0008

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