29-31 KINGWOOD AVE Frenchtown, NJ 08825

With a short walk into town, this Frenchtown duplex is located on ¼ lot with ample parking and a
fenced rear yard with storage shed. The original Colonial is over 100 years old , but renovated
1953 with many later improvements.
Unit 29 is approximately 900 sq.ft. with front porch entrance to the eat in kitchen. Large living room with hardwood flooring , laundry room with half bath and rear entrance complete the first level.
Basement access for storage from the kitchen. Second floor has 2 bedrooms and full bath with tub shower.
Unit 31 has side porch entrance to the full sized dining room. Kitchen has rear door to the covered porch and rear yard. Living room with front door entrance and ½ bath. Second level has 3 rooms, home office/hobby room, bedroom with full bath access, laundry/closet, attic access , and additional bedroom.
Basement access for storage is in the dining room.
Each unit has electric hot water heater, forced air natural gas heater and 100 AMP electric service.
Tenants pay electric, gas heat, water and snow removal.
Landlord pays sewer, lawn maintenance and trash removal.
Gross Rents $40,200 Expenses—Tax $7515 Insurance $2020 Sewer $2100 Lawn $700
NOI $27,865
Lease 29 $1350 Expires 5/31/2025
Lease 31 $2000 Expires 9/30/2025