Description:

For sale for the first time since the late 1970's is this unique mixed -use apartment property. The building is comprised of 2 floor 1 bedroom/ 1 baths. Stable first floor retail which is all leased to long term tenants and a partial subgrade basement level with more apartments. 1 Route 165 in Lambertville offers an investment a great opportunity to upgrade some of the existing conditions of the property and also the apartment interiors to drive rental growth. This is a workforce living type property located in a thriving town. Lambertville is often thought of a key piece of Hunterdon County New Jersey charm. The town sitting on the Delaware River attracts tourists weekly who are exploring the River Valley.
Properties location is high quality and visibility
Stable storefront Retail users
Drive rent growth through some improvements
Lambertville is a thriving demographic
Minimal competing apartment inventory in the immediate area.

Presented by:

Carl  Adams,  e-Pro, GRI

Director

(215) 803-8507

(215) 803-8507

Click here to email

Listed by:

Clinton