Homes for sale - 175 WASHINGTON, Princeton, NJ 08540

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Jason Gareau

jason@thejasongareauteam.com +1(609) 929-4486

$ 1,200,000

Est. payment -/mo

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Pending

175 WASHINGTON Princeton, NJ 08540

0.76 Acres Lot

UPDATED:

12/08/2024 03:03 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NJME2047704

Originating Board BRIGHT

Year Built 1966

Annual Tax Amount $21,137

Tax Year 2023

Lot Size 0.760 Acres

Acres 0.76

Lot Dimensions 150.00 x 220.00

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 excellent rental potential, 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 Other

Heating Other

Cooling Other

Heat Source Natural Gas, Electric

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Above Ground

Water Access N

Roof Type Flat

Accessibility None

Road Frontage Boro/Township, State

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District West Windsor-Plainsboro Regional

Others

Tax ID 13-00044-00027

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

Listed by Yael Lax Zakut • Compass New Jersey, LLC - Princeton

Jason Gareau

Broker

+1(609) 929-4486

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Jason Gareau

175 WASHINGTON Princeton, NJ 08540

Key Details

Location

Interior

Exterior

Building

Schools

Others

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175 WASHINGTON