$875,000
28 John Ringo Rd East Amwell Twp., NJ 08551
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$875,000
Est. payment /mo
5,587 SqFt
UPDATED:
10/02/2024 11:47 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,587 sqft
Price per Sqft $156
MLS Listing ID 3927204
Year Built 1900
Annual Tax Amount $13,021
Tax Year 2023
Lot Size 0.660 Acres
Property Description
SUBSTANTIAL RENOVATIONS JUST COMPLETED! $90,600 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 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. Fully rented and tenants pay their own utilities! Recent improvements include NEW roof, thermal pane windows, siding, new stairway access to apartments and complete renovation to one of the apartments. The Deli space has natural gas heat and central air. Apartments are elec baseboard heat. Adjoining Multi Family property with approx. 4,500 SF building featuring 5 fully rented apartments is also available. Both properties offered for sale as a package or individually. Great location just minutes from Flemington and convenient to Princeton.
Location
State NJ
County Hunterdon
Zoning COMMERCIAL
Rooms
Basement Full
Interior
Heating Gas-Natural
Cooling Central Air, Window A/C(s)
Equipment Restrooms - Private
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Parking Type Blacktop, Off-Street Parking, Parking Lot-Exclusive
Building
Story 2
Sewer Septic
Water Well
Others
Ownership Fee Simple
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Listed by CORCORAN SAWYER SMITH