$1,400,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
0.76 Acres Lot
SOLD DATE : 12/31/2024
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJME2047704
Sold Date 12/31/24
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Yuen Li Huang • BHHS Fox & Roach - Princeton
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7466 New Ridge Road Ste 1, Hanover, MD, 21076, United States