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About This Home
This 7-bedroom, 5-bathroom residential multi family at 460 RIVER STYX ROAD in Hopatcong Boro, NJ is listed for $849,000. Built in 1934, on a 0.38 acres lot.
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.
Key Features
- Built in 1934
- 0.38 acre lot
- 6 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$4,541/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
460 RIVER STYX ROAD
Hopatcong Boro, NJ 07843-1862
MAIN LAKE
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Views
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 5-bathroom residential multi family at 460 RIVER STYX ROAD is listed at $849,000. The estimated monthly payment is $3,679 based on 20% down at 6.5% interest.
Key features include: Built in 1934, 0.38 acre lot, 6 parking spaces, Fireplace. Interior Features: Carbon Monoxide Detector, Smoke Detector, Tile Floors. Exterior Features: Patio, Storage Shed.
This property is listed by LORI A. CARUSO and can be reached at 9736250450 or lcaruso@remax.net.