Description

Sally's River House. Great opportunity to own a charming investment property in the quaint river town of Stockton - a small New Jersey town where people live because they love the peace and quiet, soothing sounds of nature, and the rhythm of the historic Delaware River nearby. Just a few miles outside the popular towns of Lambertville and New Hope, the area is spreading out, with nearby businesses expanding their reach to cater to the many out-of-town visitors that travel for a short trip and immediately fall in love with this beautiful part of the state. The serenity of Stockton can make it hard to believe that award-winning restaurants, art galleries, unique shops, high-quality schools, antique stores, and more are just a "stone's throw" away. The historic Delaware River and the unique rail trail towpath reaching all the way to Frenchtown are favorite attractions with the locals. Offering limitless outdoor activities like biking, fishing, hiking, kayaking, and even river tubing on a warm sunny day are some of the reasons. Built in the first quarter of the 1900s, this local landmark has three apartments and has been lovingly cared for over the years, and the property is in very good condition. The entire structure has a new roof, new water heaters, all new Anderson Windows and updated appliances. For convenience, all units have washers and dryers and separate meters. Each apartment also has a full-length sizeable, covered porch with a view of the towpath and the bustle of the town lazily strolling by. The porch offers a place in the shade to hang out for dinner al fresco or to enjoy your latest read with an ice-cold mint julep. Each apartment has multiple windows on all four sides of the building, offering lots of natural light. First-floor apartments also have garden access. A second-floor apartment has gleaming hardwood pumpkin pine floors. The third floor has an open floor plan with the kitchen, dining area, and living room, creating an ample open space with an excellent flow for entertaining guests. This property has a fantastic rental history with room for growth in an area where rental apartments are in high demand. Why not live in one and rent the other two out? Six car private parking is also part of the deal. The location offers an easy commute to most Northeast locations - the entrance to Route 202 is just down the road. Manhattan is only 90 minutes away, and Philly is about 60 minutes south.

For more details:

Listed by: Kurfiss Sotheby's International Realty