419 Clements Bridge Rd

Barrington, NJ 08007

TRIPLEX! Calling All Investors! Amazing location! Welcome to 419 Clements Bridge Road in the Barrington Borough. This building features 3 units that have been very well maintained. Unit A: 2 bedrooms & 1 full bathroom, Unit B: 1 bedroom & 1 full bathroom. Unit C: lovely studio with 1 full bathroom. Current total rental income is $2,650 per month. Property owner has kept the current rents below current market value. Unit A rents at $1,150 per month, Unit B rents at $800 per month, Unit C rents at $700 per month. Market value rent should be Unit A at $1,250 per month, Unit B at $1,150 per month and Unit C at $850 per month for a total of $3,250 per month. These rental comps are very conservative and the property can potentially produce more. Unit A has a longer term lease in place. Unit B & C are month to month leases. So much to offer and will not last! Call to schedule a private showing today!