INVESTMENT & DEVELOPMENT OPPORTUNITY in Branchburg NJ! This is a great opportunity to acquire two occupied income generating properties renovated in 2018 generating over $60K+ per year. Approved plans are available once proof of funding has been received and permits are available after an offer has been accepted for a 3 lot subdivision. On the 3rd lot there are approvals for a 9 unit affordable housing 3 floor apartment building. The city is offering a $225k grant upon completion of the building and a Certificate Of Occupancy. White Multifamily rented for $3150 pcm and the blue house in vacant. Close to all modes of transportation, Raritan Valley College, Bridgewater Mall and interstate 287/78.
Off market
Street View
Price Unknown
1100 State Route 28, Somerville, NJ 08876
5beds
99,999sqft
MultiFamily
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA