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$ 1,750,000
Est. payment | /mo
10,334 SqFt
$ 1,750,000
Est. payment | /mo
10,334 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,334 sqft
Price per Sqft $169
Subdivision Ringoes
MLS Listing ID 3926023
Year Built 1900
Annual Tax Amount $22,932
Tax Year 2023
Lot Size 1.000 Acres
Property Description
SUBSTANTIAL RENOVATIONS JUST COMPLETED! Turn-key 9-unit investment property with over $186,000 of income + potential for even more! You couldn't ask for a more solid investment with great cash flow from day one, long-term tenants and below-market rate rents with a tremendous upside for added income! Landmark corner property featuring nearly 6,000 SF mixed-use building with Retail/Deli, 3 Apartments above, Separate Garage & large on-site parking lot PLUS adjoining Multi Family property with approx. 4,500 SF building featuring 5 apartments. Fully rented and tenants pay their own utilities! The Deli space has natural gas heat and central air. Apartments are elec baseboard heat. Recent improvements include NEW roofs, thermal pane windows & siding! Great location just minutes from Flemington and convenient to Princeton. Offered for sale as a package or buy the mixed-use corner property for $825,000 and 5 Family property for $925,000.
Location
State NJ
County Hunterdon
Zoning Commercial
Rooms
Basement Unfinished
Interior
Heating Electric, Gas-Natural
Cooling Central Air, Window A/C(s)
Equipment Restrooms - Private, Smoke Detector
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Wood
Garage Spaces 26.0
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Corner, Level Lot
Story 2
Sewer Septic
Water Well
Others
Ownership Fee Simple
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Listed by CORCORAN SAWYER SMITH
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