$835,000

House for sale Princeton
Property photo number 1 of 6 Photos for Property. File  105041168_29_faa82c2e0d741374fb8838225b636427.jpeg

Overview

SUMMARY: Discover an opportunity with this Princeton house for sale and available for $835,000. This could be your next ideal home or a smart investment. More details await.
Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA - leased $1,300/mo, (2) 2BR/1BA - leased $1,700/mo, (3) 1BA - leased $1,400/mo, (4)
3BR/1BA - vacant, $2,000/mo market rent, (5) 1BA - leased $1,250/mo. The vacant unit offers immediate upside - move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating and cooling $7,939.35, water and sewer $420. Recent nearby multifamily sales range from $200-$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don't miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.

Details

  • Beds: 10
  • Baths: 5
  • Price: $835,000
  • Area: 5,654 sqft

Location

Marketed by:

Request details
Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.