Under contract
ACTIVE UNDER CONTRACT
175 Washington
Princeton NJ, 08540
$1,200,000
Under contract
ACTIVE UNDER CONTRACT
Commercial
Built in 1966
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.
NJME2047704
MLSⓇ ID
October 14, 2024
Listed
November 1, 2024
Updated
Map
175 Washington
Princeton NJ, 08540
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.76 Acres
Sewer
Public Sewer
Other Property Details
Area Name
WEST WINDSOR TWP
Taxes
$21,137
Tax Frequency
Annually
Days on Market
10
Garage
No
View
No
County
MERCER
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/23/2024 | Under contract | — |
Listed by Compass New Jersey, LLC - Princeton
Listing Contact: 6099330880
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/1/2024 at 3:24 AM UTC