Positioned in one of Lambertville?s most desirable residential corridors, the John Coryell House presents a rare opportunity to acquire a fully leased, five-unit asset in a high-demand river town market. This historically significant property combines enduring architectural appeal with consistent rental performance, making it an exceptional addition to an income-focused portfolio. Set on a landscaped parcel with award-recognized gardens, the building offers five spacious residences designed to attract long-term tenants seeking character, light, and walkable convenience. High ceilings, arched openings, original wood floors, and preserved decorative detailing provide a level of authenticity rarely found in multi-family offerings. Covered porches and shared outdoor spaces enhance tenant experience, while a mix of traditional and private-entry units supports flexible leasing strategies. The former single-family estate has been carefully adapted to modern apartment living, preserving its historic identity while supporting efficient operation. Located moments from downtown Lambertville and neighboring New Hope, this property benefits from strong rental demand, limited comparable inventory, and long-term appreciation potential. Zoned residential and currently operating as a stabilized five-unit building, it represents a compelling blend of architectural distinction and reliable income. Interior photos coming soon.
