271 Quakertown Rd, Franklin Twp., NJ 08867

$450,000
2
BD
1.1
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$450,000
Status
ACTIVE
MLS#
4024307
Bedrooms
2
Bathrooms
1.1
Half-baths
1
County
Hunterdon
City
Franklin Twp.
Year Built
1840

Property Description

Located in the heart of Pittstown, this distinctive mixed-use property offers a rare blend of character, functionality, and income potential.Currently configured as a fitness studio with a second-floor two apartment, both occupied and producing income. The property features strong infrastructure including separate entrances, two electric meters, two oil tanks allowing for flexibility and ease of management.Recent improvements include newer siding, windows, furnaces, gutters, and a resealed roof, providing peace of mind and long-term efficiency.The first floor offers an open studio space ideal for a variety of business uses, while the upper level legally a 2-bedroom apartment provides additional income. Currently occupied, the fitness studio rent is $2000/m, while the apartment brings in $1900/m generating a yearly gross income of $46,800.Additional features include off-street parking, a carport, and a basement with Bilco doors for storage and accessibility. This property can be sold as a package with 269 Quakertown Rd. MLS#4024292. Reach out today for appointments and questions

Additional Information

Exterior
Vinyl Siding
Basement
Yes
Garage
Carport-Attached
Water
Shared Well
Sewer
Septic
Fuel
Oil Tank Above Ground - Inside

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of SIGNATURE REALTY NJ, Contact: 908-623-6715