Property Description

ATTENTION INVESTORS: TENANT IN PLACE & BEING SOLD AS A RENTAL PROPERTY!!! Fully reimagined in 2024, this stunning 3-bedroom colonial is essentially brand new everything has been updated except for the four walls! Currently leased to a quality tenant, with an owner-reported rental income of $55,200, taxes of $9,872.02, and insurance costs of $3,773.25, resulting in a net operating income of $41,555. Virtually no repairs or replacements are anticipated in the near future, making this an ideal investment for a hands-off landlord. Inside, the home boasts 3.5 elegantly designed baths, including a luxurious primary suite that spans the third floor. The thoughtfully redesigned floor plan offers a modern, functional layout.Outside, the property sits on a spacious open lot with a peaceful stream running through the backyard a serene retreat that the owner represents has not been affected by flooding. The location couldn't be more convenient: just minutes from major highways and even closer to the train station, all in the highly sought-after Peapack-Gladstone area. This property is being offered as a rental investment with a tenant already in place. The owner is seeking to sell it as part of a rental property package alongside MLS#4020635, MLS#4020635, and MLS#4020574. Owner may consider selling individual properties.

Property Features

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