175 WASHINGTON Under Contract Save Request In-Person Tour Request Virtual Tour
Princeton,NJ 08540
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Under Contract
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $184
MLS Listing ID NJME2047698
Style Other
Year Built 1966
Annual Tax Amount $21,137
Tax Year 2023
Lot Size 0.758 Acres
Property Description
This prime mixed-use property offers an exceptional investment opportunity in a location that is second to none. Situated on 0.75 acres, this property features a thriving commercial space with a long-term lease and four fully occupied residential apartments, generating a strong and consistent income stream. Located just steps from the train station, this property benefits from unparalleled accessibility, making it highly attractive to both businesses and residents. The four apartments provide ensuring steady cash flow. With all units currently occupied by long-term, reliable tenants, you can start earning from day one. The property also offers ample on-site parking, adding to its appeal. This is not just a solid investment but also a value-add opportunity. With some modern updates and improvements, there is significant potential to increase rental income and enhance the overall value of the property. Given its location, income stability, and growth potential, this property is a rare find that stands out in the market. Don?t miss this one-of-a-kind opportunity to invest in a property with incredible potential in a prime location. The property is being sold strictly as-is, offering the buyer full control over any future renovations or enhancements.
Location
State NJ
County Mercer
Area West Windsor Twp (21113)
Zoning R20
Interior
Hot Water Natural Gas
Heating Other
Cooling Central A/C,Wall Unit
Exterior
Waterfront N
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District West Windsor-Plainsboro Regional
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard