57 PRINCETON AVE Hopewell, NJ 08525

This is a special opportunity in an increasingly popular town. Hopewell Borough, located within a greenbelt of wooded hills and farmland just 15 minutes from downtown Princeton and the Route 1 corridor, has been identified by the NYT as one of the best small towns in New Jersey and is known in the area for its outstanding restaurants, numerous antique shops and Victorian homes. This well maintained building has a history of steady growth in rent and additional potential. The second floor apartment was created as an owners' residence in the 1990's and offers numerous upgrades including Jacuzzi soaking tub, Subzero refrigerator, 3 skylights, gas FP & walk-in closet in master bedroom, washer and dryer, central air and gas forced hot air, central vac, hand carved Philippine mahogany front door and inside access to the attached garage. The basement is finished and offers a full bath plus laundry facilities to the tenants for additional fees. Basement could garner more rent from 470 square feet of potential storage space and currently has $120 per month of owner storage uncollected. New Roof in 2011 and new boiler in 2004. Owner Financing is a possibility!